What is the best way to fund shortfall for a cash offer?

[Axy Parikh]

I have my eyes set on a property (Bank Owned) that would only accept cash offers. Bank wants to sell only to owner who would reside there. In your experience, does this eliminate lot of competition and increase scope to bring down the offer price?

I want to make an offer, however I am falling 40K short (after cash out refinance, 401K loan, etc). What are the best options to borrow this kind of money at a reasonable APR? Please provide recommendations of someone you might have used/have experience with in Florida (preferably Central Florida Orlando area).

From my research, I came across Signature loan and Personal loan as two items that could be used. Not sure which is better and if there is any other option out there.