what is your best method of financing

[Daniel Dawson]

I currently own two properties. Let me break it down, 

Property 1: appraised 4 years ago at $110,000. Financing is 15 year conventional 4.375. $55,000 Currently rented at $850.00. This was a complete rehab. 

Property 2: purchased 2 years ago for $101,000, Financing is 30 year FHA at 3.2. Comps are $150,000- $160,000. Rents are $1375. I will be staying in this property for two more years.

So here is the question. I will be buying another rehab property in my area in the next 3 months. I am looking at best methods of financing my next investment. I am very new to the financing side and not sure of best practices. Try to secure a loan through the bank, cash out refinance on the two houses, or ......... What do you think