I have a feeling the snowball of moment is increasing, and you will have that 4 plex in no time at all!

The upper level has three long-term tenants (5+ years) with opportunities for upgrades and rent increases.

The building features three long-term tenants on the upper level, each occupying spaces for over five years, with opportunities for upgrades and rent increases.

The building features three long-term tenants on the upper level, each occupying spaces for over five years, with opportunities for upgrades and rent increases.

The building features three long-term tenants on the upper level, each occupying spaces for over five years, with opportunities for upgrades and rent increases.

If you have a lower rate locked in currently and have no immediate needs for additional capital, then you should wait.

So if someone tells you, it does not matter about liens behind you - it does.There’s one more ; the borrower has increased debt service and when it either turns negative or leaves nothing “in their pocket” they may lose interest in the property, decide to stop paying all mortgages, and put whatever income they can into their pocket until they lose the property to foreclosure or one of the lenders obtains a court order prohibiting such.   

@Caleigh McDonough House hacking with 5-10% down is viable if long-term appreciation and equity building align with your goals, even if the property doesn’t cash flow immediately.

I was told it was due to the value increasing

This is my immediate & short term launching point. - Commercial real estate: Long term stability?