bank loan vs 401k loan

[DJ Cummins]

So what is your opinion? We are using some savings and have to go with either 401k or bank loan to get started.  Think we are crazy for using 10-15% of our 401k? I feel its ny money and the penalty doesn't make or break us by any means. Id rather lose some up front rather than start of in debt before we even buy our first property.  I'm thinking I know what type of responses I'm going to get....lay it on me, I'm ready!