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

If rates come down (most likely not in 2025) you can refinance or just shovel cash-flow and pay it down quicker. 

For an example, we Googled, "hourly rate for handyman Austin, TX" and got this:AI Overview: As of January 2025, the average hourly rate for a handyman in Austin, Texas is between $25 and $25.28.

We have a 3% rate so dont want to refi but the property has appreciated quite a bit so would like to tap into that equity to fund our next deal.I am having some trouble finding lenders that offer helocs on investment properties.Does anyone know of any banks and/or lenders that do helocs on investments?

This for us is preferred over seller financed deals as we can do 65% LTV, 800 credit with someone who has net work 2x+ loan and get double digit rates. 3.

Where to get the most recent and accurate data for things like:Unemployment dataPopulation growthJob diversity and top employers in the areaVacancy rates (eg huduser.org)Property taxes and jnsurance costsI saw bp pro and reventure and a bunch of other websites provide some of this data, but i wonder how accurate and recent it is.

Or at least what are investors looking for today as far as return and cap rates?

Rate shop .

The interest rate is not special nor is the 20% down (80% LTV).  

Talk to a mortgage broker or lender experienced with LLC-owned properties before transferring ownership.