First Heloc rates are double of what mortgage rates with an average of 9.50% up to 15%.

Despite higher interest rates for the mortgage (7.625%) and the HELOC (9.5%), we are still positive cash flow.

My thought was to rent it as a mid term rental on Airbnb and vrbo etc because it’s in a desirable residential neighborhood walkable to schools and shopping. 

REITS that have lots of floating rate debt may be at risk of severe defaults in the near future. 

Specifically, do you look at comps on the market or try to find what value would be based on the cap rate? 

I clicked on the link and their starting interest rate is 11.1%.

Every time I inquired about commercial loans on my SFR I got quoted much higher rates and loans that were amortized over 30 years but always callable every 5-10 years.

This will continue to push up the prices.Sales - Months of SupplySales - Median $/SF by MonthDespite persistently high interest rates, the $/SF continued to climb.

I believe there are high interest bearing amounts that are similar to CD rates but they give you the flexibility of having all the funds available to you immediately.

I also have a primary residence with nearly a JUMBO loan at a high interest rate and I own a vacation place in cash (small trailer not worth much money but i also own the land) in a different state that I pay RE taxes on.