. - to be safe, make sure whatever deal you're investing the HELOC money into still works at your "worst case" rates, and/or have a plan to be able to pay back the HELOC early if rates spike so you can avoid paying that higher interest.Just curious - where are you living/what are you looking to purchase where $250K will only fund a down payment?? 

She was watching the market and her apartment was well under market due to a rent spike in the area. 

Investment & 2nd home rates were the first to spike and then primary residence rates followed.

Hello, I'm new to real estate investing but took the leap and bought a duplex where I occupy one unit and rent out the other unit. While living in one unit of the property, the tenant pays $1500, and the PITI is $2100...

Electric can also spike in the summer with A/C.

I had guests in the house for all of Feb and saw a huge spike in my gas bill this month.

Originally purchased as single family home conversion but pivoted to rentals during the building material spike of 2021.

However with the rates spiking I’ll be breaking even after the cash out refi, then again I’ll have about 150k in cash to deploy to more deals and get a much better return on my money.

Rates have been moving up quickly in the last few months, but they have not spiked that much this week.

Electric can also spike in the summer with A/C.