Definitely study your options. 

I recently moved to Cleveland, Ohio, with my family, bought a house in Olmsted Township, and am weighing different investment options with 300k ready to deploy. 

I have finalized the investment property and researching conventional load options. 1.

I was considering our housing options for the move and they fall into two options that I'm considering: 1) Take out a  $60K home equity loan, and a $50K 401K loan, and dip into savings to come up with 20% down on a primary in the HLOC area.2) Rent for a couple-ish years at $3k/month until we save up enough for 20% downThis is sort of how I've been thinking about it: Option 1Pros:1) Only have to move once2) Appreciation on the house in the HCOL area over the two or two + years it would take to save up the down payment if I rented insteadCons:1) Reduced 401K performance2) Feels a little scary to pull equity out with a home equity loan since I've never done this and it was not part of my initial investment strategy3) Less cashflow from primary once it becomes a rental  Option 2Pros:1) Less stress about 401k and home equity loans2) Better 401K performance3) Better cashflow from current primary once it becomes a rentalCons:1) Two years of rent2) Two years of missed appreciationOther info that might or might not be relevant:  We have two modestly cash-flowing rentals besides our primary.

Is house hacking an option? 

As an overseas investor, I've been carefully evaluating different options and have narrowed down to a particular buy box that I'd like to share with you all for your insights and opinions.

But what I thought might be an option would be pulling out some equity from a few properties if it will work with the unforseen circumstance you are dealing with.

Another option might be virtual staging where furniture is added to the pictures of the home for advertising purposes. 

Additionally, limited experience can also result in lower leverage, higher rates, lower LTV and ARV caps, and fewer options and features that are not available to investors with less experience. 3.

If you need any insights into financing options (value add bridge or permanent), I'm happy to be a resource here to help.