Guidance on creative financing

[Xavier Gonzalez Jr]

I am new member and I am looking for some opinions & guidance. I am looking to purchase my second investment property either using hard money or conventional or creative financing. I am in San Antonio Texas and my first investment property was my place of residence and we decided to move and rent it out back in 2002; no longer have a mortgage on it, so I am trying to decide how to fund my next investment property. I was considering to refinance the investment property with cash out and use the cash to requisition my second investment property or use my 401k since I am now 59 1/2 and won't be penalize if I take a portion of the cash out. I would appreciate your thoughts or opinions. On how I can obtain a second mortgage using creative financing. Thanks !