pay cash or finance

[Raj Parwani]

Considering to purchase property for rental purpose : Is it best to pay cash or to finance?  The Rich Dad series in in favor of using bank financing to purchase a property. I was thinking that instead of paying 5% interest to the bank , it is best to pay cash if possible. The rental income is only 0.65% as compared to the purchase cost even after paying cash. Are most of the BP members paying with cash if they can afford it or do they finance even though they might have cash in the bank earning low interest or minimum % in the stock market. Thanks. 

Raj Parwani