The listing doesn't mention selling the business side.

Hi everyone,I am looking for a HELOC on my primary residence in NYC (not listed as such in the W2).

You need to develop a Scope Of Work that is precise and then start getting prices for all the work.Once you have that magic number, then you will add that to the cost you pay for the house, along with any other fees or expenses...Then look at finished Comps (get a Realtor like @Chris Ayars said) and see if you will make any money......

They barely meet that my only concern at this point is the fact that he is given no employment, history whatsoever he's listed himself as unemployed but I know he's had jobs, but without that in a documented form, I have concerns

does anyone have a proforma for ground up development that could be shared or bought? 

As we head into the Spring market we will begin to see some more inventory (I hope).2024 New Listings for Detached Single Family HousesJan 2024 - 1,484 compared to 1,425 last January, up about 4.1%2024 New Listings for Condos/TownhomesJan 2024 - 933 compared to 811 last January, up about 15%2024 Median Sales Price for Detached Single Family HousesJanuary 2024: $980,000 is the current median sales price last month for a house.January 2023: $849,000 to December 2023: $949,000 - Median price for a house went up by $100K in 2023!

You can pull up the listings on the STR platforms. 

could you please send me your recommended list of CPAs in the Seattle area?

I think developers do well when they sell, but in my opinion is more risky than a typical flip due to the time that it takes.

By default, the Mortgagee is both the one that lends and the one that has an insurable interest and therefor both descriptions pertain to “Mortgagee”.Which is preferred: Traditional Banks always only require they be listed as the Mortgagee whereas Hard Money and or Private Money; it’s 50/50.Now, you’re probably wondering in what instance would someone be listed as a Loss Payee but not Mortgagee- well, let’s say someone lends the property owner money in a non-traditional fashion - we can chat more about this later -whether it be for the property or for something else, doesn’t matter, and the borrower uses the property as collateral.