@Samuel Metcalf- Most HELOC lenders  only lend on primary homes ...the  few lenders that do HELOCS on  rentals will likely have a low  CLTV   ( and a high margin over prime  which will lead to a rate in double digits ) .. check  with the banks / credit union located close to the property  and  also maybe there will be some feedback on this thread  pointing towards lendign sources that might work 

Real Estate News in BriefWill stubbornly high mortgage rates hurt the spring selling season for the second straight year?

Dianna is highly regarded for her talent in identifying exclusive investment opportunities, conducting project analysis, and implementing distinctive marketing strategies.

What is the quality of my collateral?

The likelihood of the bank calling the loan isn't super high, however that is completely dependent upon what bank holds the loan.

Because rates are high, sellers are getting flexible and makes more sense 

More affordable homes, rents are still high, and our rental market is super robust.

Prices are too high. 

Based on the property history, and the area, if that has a strong potential of happening, then I'm interested.The property must also CF high enough to recover my cost (DP) within that same time period. 

Amidst a significant downturn in commercial property values, private investors (particularly high-net-worth individuals and family offices) are seizing the opportunity emerging as the dominant force accounting for 60% of deals over the past two years.