Help with HELOC amount

[Andrew Adame]

In the final stages of narrowing down a bank to open a HELOC with for creative financing, looking for advice on the amount

I have heard “get the max”, which would be 80%/340k from most banks @ Prime+ .50-1%

 however

2 banks I have spoken to have NO margin or only a .25% margin on the rate BUT a max amount of 250k

So my question is, is it more valuable for me as a brand new investor to pursue the max or take a lower amount with more favorable terms? One lender I spoke to said I should never be looking to use more than 250k as it could get me into trouble

I live in California but will more than likely invest out of state due to the HCOL, at least initially.

Thank you