Bank Credit Line How did you add value to the deal?

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.

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.

Long term interest rates should continue to increase.  

Cap rates:  Cap rates have been expanding, but sellers think they will tighten. 

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

If you're using traditional financing on your primary residence, they're going to do another credit check on you just before closing.

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

However, with high rates, the next mortgage would be very expensive, and a vacancy would be intensely expensive with two mortgages.

Interesting approach, how would multiple refi affect my credit score?