Thank you in advance,Christine Depending on the rehab, you can get a Builders Risk Policy or if there is not a lot of construction going to be happening you can just go ahead and get a standard Hazard Policy. 

Some insurance agents are still sending me the proof each year...So, i guess it depends on your state and locatlity... 

Well the answer is….it depends.

It depends what the purpose are you trying to achieve when you're tapping/pulling the funds from your house.

Depending on how close you want to get to $300K will probably depend on the city and what age you are willing to consider. 

There are probably going to be a lot of options available depending on how your portfolio is structured. 

I understand that they are looking at income and assets… my question was specifically about how mortgage companies view depreciation on existing properties… It depends on the loan product, do you know what the specific loan type / mortgage lender you are working with?

We agree that it absolutely depends on your design intent, including the number of stories and square footage, hillside vs flat and overall level of custom detail desired.

The HELOC has a start rate of Prime 8.5+ 3 ish, depends what your FICO is.

There is a lot to it, so it's going to be an 'it depends' kind of answer.