If a HELOC isn’t an option, alternatives like a home equity loan, business line of credit, or a DSCR loan could work depending on your situation.

You would then have two loans, one on your home and one on the refi to access the equity on the investment home.Why not just use the refi cash out from your home loan for future deals? 

Conventional loan How did you add value to the deal?

Quote from @Sri Reddy: We are a team who are venturing in to constructing a multifamily unit from groundup.We don't have any prior experience in construction and are looking for financing loan options.

First time buyer loan with 11% down.

construction loan How did you add value to the deal?

To qualify for non-recourse commercial loans through Fanny and Freddy you have to have equal new worth to the loan amount and 10% liquidity. 

I got a PA for 300k/FHA loan. 720+ credit score, 75k cash, and good income.

Lastly, land development requires solid planning and capital, so getting the right development loan with flexible terms will be vital for success.

Use a home equity loan (fixed debt) instead of a HELOC (variable equity) and build an additional unit you can rent out in your own backyard.