Do I wait on getting a HELOC?

[Matt Moylan]

Recently purchased a house to be my primary (but and hold long term). It has a rehabbed main level and completely unfinished basement. I plan to add in 1 bed, 1 bath, and close off a storage room.

My goal is to get those things added to increase the value of the home for purchases down the road. When would be a good time to look into getting a HELOC or other loan? OR should I just save up the cash.