HELOC on mixed-use condo

[James Yoo]

Hi All -

I'm looking to take out a HELOC on my condo, but am running into a lot of problems. For some backup, my condo is in NYC and is a part of a mixed-use building, with approximately half of the units in the building belonging to a hotel. The other half is residential condos (which my apt is one of).

I'd like my HELOC to be as large as possible as this would give me the most flexibility in the future. I have very little mortgage left on my condo, and would like to unlock this value.

Does anyone know any banks that would provide HELOC's on a mixed-use condo?

Thanks much!