Cash out equity now or later?

[Jordan Ardoin]

I am currently about to buy my first two properties but have a question. The properties are being sold to me for a combine $92000 but the appraisal cane back at $150000. The bank has suggested I borrow the full 80% of the $150,000. This causes my note to increase a few hundred dollars a month but will not have to put money down for closing and instead leave with cash in hand. If that is the best route to take, do I turn around and buy a third property with the extra cash? Any help or suggestions is very appreciated. Thanks