Higher/Lower Down Payment Vs Holding Savings for Next Deal

[Jose M.]

Hello BP Family,

Does it make more sense to leave as little of a down payment possible (regardless of PMI) on your first deal (fha) so you can use your cash for the next deal?

If I put 20 percent down, it will prolong the time it will take to buy the next property. The lower down payment allows for potentially buying the next property 1-1.5 years later.  the higher down payment will bring a higher cash flow but will take a few years before buying the next property.

Trying to find the best way to enter REI so that I can continue purchasing.

Thank you!