Financing for second home

[Gretchen Sheridan]

I'm preparing to purchase my second home. I have a consult with a financial consultant next week, but am looking to educate myself prior to that appointment.

The plan is to either rent my current home or sell it after purchase of the second home is complete. I owe $50k on my current home and am on track to pay that in full in 5 years. Rental could bring about $1200/mo; estimated sell price is about $130k. Market is strong for rentals/sales.

Assuming the new home would cost $300k, which is the best way to finance this purchase while floating the current home? I am pre-approved for mortgage, but would like to best use my assets for a good down payment to reduce monthly payment.

Current touchable assets: $130k cash - This does not include a separate emergency fund.
$52k in stock portfolio. $145k in Roth/IRAs. $108k in 401k.

Advice or suggestions? Thanks.