Pay "cash" and then refi, or seek mortgage up front?

[Cassie Wright, Jr.]

I'm aiming to purchase my first small multi-family in Ohio; probably in the $50k-$80k price range.

Is it better to pay "cash" and then refi, or seek a mortgage up front?

I say "cash" in quotes because it will come from my HELOC (primary residence). I'd like to have my money available (or 75% of it, at least) ASAP after my purchase.

I'm sure the answer to this question will include "it depends" ... I welcome any advice and clarifying questions!

Thanks!

-Cass