Need help! HELOC qualification... ?

[Dave Lin]

Newbie to REI but am eager to get started!

I'm currently rebuilding an old property (as my primary residence). Bc I am self financing the project, I am planning on getting a HELOC after the project is done for REI. My question is that are there some type of calculations the banks go through to determine how much HELOC (as % of my house) I can qualify? The catch is I have no income currently but I still have some cash reserve. Thanks everyone!!