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.  

Long term interest rates should continue to increase.  

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

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

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.

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

Last year, I purchased a SFH under market at 7.65% interest rate and did some rehab to up the value.

@Chinku Chinku the rich get rich by making their money work for them.They borrow at one rate, to invest in something that returns a higher rate - they profit on the difference.Only you can evaluate your risk tolerence though.

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.