My money or Your money?

[Fred Gonzalo]

Hi BP Community

Asking a question for my Uncle Ruben...who is new to the real estate game..have a question for you guys... he is looking at a property..75k fully rehabbed with a promise of tenants paying $1,100. Ill leave that up to the property managers since he seen proof of rental income from previous tenants in the area. My question is..should he use the Robert kiyosaki method...take out a "good" loan... using Other peoples money or should he use all my 60k in my bank account and get the rest from hard money lenders? Banks don't seem to lend for investing for property being 70 and lower in new jersey. All comments welcomed =)  would love to hear your input...thank you very much BP!