Bergen county NJ financing my own flip using LIC?

[Jason Guinard]

I have spent the past 8 Months dedicated to REI Netwoking and education. I am from Bergen county NJ and looking to start my investing here in a B market with a flip. My business plan is to do a couple flips within the towns around me (active area, 70% LTV deals are not easy to come by but hey are here) and once I am more comfortable and experienced enter the C market Brrrrr strategy aggressively to acquire 200 rental units over 10 years.

I have great credit, income, and own my home with 200k equity. I am looking for advice based on this info on whether it is best to take out a LOC to finance my first one or two projects myself, refi my primary, use conventional or other? There is a possibility 50/50 JV but private lender is dragging his feet on POF's. ( he would fund 100% with no other involvement)

By the way I also have a very good team around me with my wife being an accountant, 3 very good friends who are real estate appraiser of 17 years, a Plumber and electrician who own their businesses for 20+ years each, and 2 good aggressive REA's 

As you can tell, I have options.  I am just looking any extra advice I can get before pulling the trigger!  Thank you in advance for you help.