Cash vs. Loan for first investment property

[Kalubalu Shah]

Hey All,

I am new to the RE investing space and would appreciate some thoughts on paying all Cash for a property vs. taking a loan out.

Some basic information:

Property sizes would be between 750-3000sq. Usually buying distressed properties and looking to remodel and sell. I know that taking a loan out would help with tax deductions through interest payments and cash wouldn't.  Could someone please explain the pros and cons. Thank you in advance.