Thats currently in line with market rates

This will be my first time and was wondering once I get the loan and get a renter into the home, can I turn around and get a home equity line of credit? 

The primary reason is I'm having a hard time following your math, the numbers given don't really line up - I'll get to that in a moment.

I would hate to do this and then the banks are saying no on the loan when everything else is lined up perfect, like over 800 credit score and low debt to income ratio. 

Because this is our first deal, we want to line up home/HVAC inspections, and also have a contractor come through to help put together a reno estimate.

If I hadn't had the cash, I also have a line of credit available for things like this; however, I would have been in trouble if I were new investor with no reserves. 

@rick stein I think that’ll be my best bet if I want to try and make some cash for setting a deal up!

So if you have an LLC and are putting deals under contract with your LLC then your signature at the bottom will be something along the lines of "David Todd managing member" but within your contract you will be using your LLC's name as "buyer".My LLC has a business checking/savings account that I deposit my investing checks into (since all my deals I use my LLC to close with)

Bottom line is the ROI gives you a thermometer on how hard your money is working for you.

It looks unique to Florida, but that's the general line of thinking.