Navy Federal does HELOCs on investment properties…not sure if LLC is OK…and rates are in the 10.75% range for an investment HELOC in March of 2024.  

Hey llina, as Jonathan stated below an LLC will not determine your interest rates. 

Long term interest rates should continue to increase.  

Since interest rates are now higher than the mortgage on your current home, you'll want to calculate that monthly difference.SIMPLIFIED Example: current house mortgage interest rate is 3%, balance $250k.

I think this depends on your risk tolerance and your interest rate.  

Don't expect rates to come down. 

They are short term loans, usually 6-12 months, high rate, interest only payments. 

It's the boring places that probably won't appreciate above the rate of inflation that will provide real month to month income. 

Almost 60% discounted!!

Simply because rates are higher, homes are not selling, and deals do not work.