Should I sell or refinance

[Jackson Pontsler]

I’m starting a new build of a duplex that after completion can net me 200k profit. I would like to continue with new builds but are torn with refincing or HELOC money out for more nee builds or selling it to use that money to be the downpament for the new builds. Little more breakdown. 250-300k to build a 500k duplex that could rent easily both sides for 3k togther a month. Each small new build would be roughly 130k and could be sold for 200k ish. What would you do and why?