It is worth paying $2000+ to have access to more HELOC $$?

[Hilary Graves]

Our personal residence is paid for and it's worth approximately $378,000 (according to a quick desktop appraisal from our local bank). We would like to take out a HELOC. At 80% LTV, that would give us $302,400 available funds to draw on and use to make cash offers. The bank will give us up to $250,000 with no fees, but if we want any more than that (and we do:) we have to pay $2331 in title insurance. Is it worth it?

We've never used hard money and are kind of newbies...we've purchased 2 properties/7 doors so far.

Thank you in advance!