Nobody knew interest rates were going to go  shoot up (and nobody knew we were going to face a global pandemic).

I have a duplex and single-family at East Stroudsburg that I purchased right before interest rates spiked so I am comfortably at a 3.125% interest rate on the two properties.

I am a resident physician in dermatology, during  medical school I bought a property in Denver with an Interest rate of 2.75% (COVID rates lol) with the goals of renting it out when I moved onto the residency.

In many markets section 8 is higher than market rate. and investors need that extra return to mitigate the risk of sec 8 tenants generally speaking.

Quote from @Brandon Bell: I've owned a property for four years with a standard fixed-rate mortgage, and now I'm looking to convert it into a rental.

We go to straight to sellers with our marketing the prices our better and the ones that meet our criteria we keep for cash flow and the ones that don’t we wholesale.

Right now, you have a property with a great equity position, solid cash flow, and cheap debt (interest rate is low). 

In a climate like this with high rates, probably better to use a Heloc so you keep the lower rate of your 1st lien.

They’re asset-based, meaning the loan is secured by the property itself, and they often have quicker approval times but higher interest rates (think 10–15%) and fees.

And it's very pertinent to today's environment because it doesn't look like interest rates will be coming down much, if at all this year.