Are Loans or Cash a better option?

[Josh Ambrose]

I get this question alot and I see the benefits of both, With cash you have more negoiating power and you own it free and clear, and with loans you are borrowing at 5% and putting into a property that gets you 10-15% return(if you paid cash) so you are getting 5-10% extra on borrowed money.

What are your opinions?