Hi, I live in Queens and I'm looking to get a HELOC on my home.

When starting out, but owning an entire property outright with added improvements, would it be better to cash-out refi or get a HELOC? 

Here's my favorites: Meg Rowlett - Park Atlanta Homes, https://www.parkatlhomes.com/adu-packages, Jeff Cox, Cox ADU https://www.instagram.com/cox_adu/, ATL ADU CO: https://www.atladuco.com/contact, Pop Custom Homes, Tyler Kitchens https://www.popcustomhomes.com/.

Trying to get a split level (not a lot of sqft) on the market in the next three weeks and trying to decide on whether to open the wall between the dining and living room for a feel of openness or leave it as I have heard from two interior designers that the open concept is on the way out as we are more at home and liking our separate areas in the home.Pragmatically speaking the opening of the wall will be mostly a time drain with it being a load bearing wall and having to support the ceiling while rebuilding and all the drywalling necessary.

I guess my plan for the license wouldn’t really be to use it to sell homes, more just to make it easier to see/buy homes and maybe sell my own.  

Leverage Your Equity: Consider using a Home Equity Line of Credit (HELOC) or a cash-out refinance to access your equity.

As a recent college graduate, I'm going to assume that you're not able to throw money around and put massive down payments on homes. 

I read you have to live in the home, but was unsure if we would qualify. 

You must have honest intentions to move into a home if you're getting a primary residence loan for it.

Here’s the lowdown:Closed Sales: We saw 1,065 homes changing hands, a 6.5% increase from April 2023.