What to do for our first downpayment

[Arron Achey]

Hey everybody! 

I can definitely feel like my wife and I are getting close to our first investment property which were getting pretty excited about. We are currently torn on the accessible downpayment to have on hand. Our current situation is: We would have enough reserves for a down payment for something under 100K as we speak, most likely a SFH in our area, without shifting anything around. Multi-families seem like a good deal in our area and is what were hoping for but would boost the ask price to at least 150ish.

We could make the down payment happen for a multi but it would require pulling from other investments ie mutual funds, ind. stocks to make it happen. I was wondering if anyone had any input or advice on what they believed is the smart move in this situation? If we should just keep it small for our first property and let the investments do their thing or pull the trigger on a multi and shift things around if it comes up?

I know the ROI comparison of both are important to look at here, which investments have grown nicely as of late but I don't control their future and we are really trying to get our first property locked in to get in the game, or at least be prepared for when it comes up. Thanks in advance for the input everyone, it's greatly appreciated!