Should I pay $100k cash for a rental property

[Steve S.]

My parents are willing to sell me a property below market cost to help me jump start my rental portfolio.  While I could write them a $100k check for the full purchase of the house, my concern is that will minimize the amount of other properties I could acquire with the cash in the bank for further leverage.

On the flip side, not paying cash is going to require outlay of several expenses that will probably cost me $5,000 or more I otherwise wouldn't have to pay if I paid cash.

How do y'all go about making this decision?  Is it an obvious answer to those out there with more experience?

[Kyle Godbout]

You could also buy it with cash. Then, establish a line of credit at a small bank for roughly 70-80% of the appraised value using this property as collateral. Use the credit to do the BRRRR method. One good reason to do this is to receive a high cash flow for this property while you are searching for your next deal (which can sometimes take a little while in this market). Save cash to use for more investments along with your line of credit.

Just another option:)