Turns out there is no HOA and the owner is our senator and they are liquidating all their properties that they no longer desire to be landlords with his wife... good reason?

@Steven Betz your money should be in something totally liquid.

That said, our experience has been things become more difficult after seven (7) residential mortgages and many lenders have "almost silly" liquidity requirements when you roll into ten.In Canada, you cannot borrow the down payment for a mortgage. 

You leverage on the experienced syndicator's net worth and liquidity so you can buy the biggest apartment community as possible.

I have a 15 year loan on it currently, but was considering doing a 30 year cash out refi (120-140k)  to help buffer my liquidity to buy a new home ( I would drain all my cash on the down payment otherwise), and bring in more cash to either invest or pay back into the mortgage.

It should be in your contract under liquidated damages.

Hi y'all I currently have one quadplex I put 20% down and am looking to BRRRR another property I currently have the funds to afford 20% down and a rehab budget but will then not be liquid to purchase another property after that.

Depending on your overall cash flow you can pay the HELOC down in a short period of time and use it again for another purchase.As a fannie/freddie lender I would use the 401K as your reserves for when you are buying more properties (doors) unless you have liquid cash somewhere else that you can point to.Would love to know more about your current situation in order to give you more feedback on how I would tell you to build your strategy to purchase more properties. 

It was a good introductory property for me, one in which I learned a lot of lessons the hard way unfortunately, but overall it was a great experience and will only help me moving forward.At the end of the day I was just ready to liquidate and move on to a different investment, one that was a little more stable.

But still makes me think maybe I should liquidate and reinvest into the stock market for 8% returns.