Pro & Cons of small down payment vs. larger downpayment

[Ryan Fisher]

Hey guys currently in escrow for a 4 unit apartment that will cash-flow.  

What are your opinions on putting as "little skin in the game" and getting better ROI, but smaller cash flow because mortgage payment will be higher and will need to initially have private mortgage insurance because we will be using an FHA loan.

Compare that with putting a larger down-payment (more money out of our pockets) but higher cash flow.

Big down-payment or small down-payment?

[Eric H.]

if 20% is an option, in my mind that makes the most sense. With 4% rates it seems smart to use as little as your money as possible, while avoiding PMI.