I have a property that is paid off. I am taking $60,000 cash out to buy more investment properties. Should I;

[Deville Nunes]

A.) Buy a 2 bedroom fixer for $38,000 in San Bernardino CA. and fix it up for $15,000. Rent for this would be $750 a month. It will be worth $70,000 once it's done.
With this house, I can borrow against it (because it's paid off), and keep re-investing.

OR

B.) Use the $60,000 as a down payment for 2 or 3 more investments properties that would rent for $750?
With these houses, I won't be able to borrow against them and re-invest.