My home is worth $1.3M appraised and it's all free and clear.

I built a relationship with a local bank who does portfolio loans, and borrowed 80% LTV based on the new appraised value.

I also found good inspectors, surveyors, appraisers as a result of this deal.

My thoughts are, pay off home loan, take out a (Home Equity Line of Credit) which will amount from 70-75% of the equity I have in the property, with the notion of what it should appraise for considering I'm in the industry, then go maybe down south, possibly Florida, were homes are alot cheaper than NY City with a significant amount of cash from taping into my equity and find homes to BRRRR? 

Home appraised as is before repairs at $186,000 and $194,000 after repairs.

The house appraised at $305,000 when I purchased and with the extra work we have done on it, now appraised at $475,000.

The reason being is: 1) You can put 3% down instead of 3.5%2) Less strict policies3) With conventional you can get an appraisal when you are a little over 20% of equity and get rid of PMI.

Purchase price: $68,000 Cash invested: $25,000 Sale price: $125,000 BRRRR:One (1) 3bed/1bath & one (1) 1bed/1bath duplex Purchase Price: $68,000 , Rehab: $25,000 Appraised Value: $125,000Early estimates, performed better than -Monthly | Annual Income: $1,900.00 $22,800.00 Mortgage Pay: $615.60 $7,387.18 Vacancy (5%): $95.00 $1,140.00 Management Fee (7%): $133.00 $1,596.00 Property Tax: $241.67 $2,900.00 Total Insurance: $133.33 $1,600.00 Maintenance Cost: $150.00 $1,800.00 Other Cost: $20.00 $240.00 Cash Flow: $511.40 $6,136.82 What made you interested in investing in this type of deal?

The Appraisal Institute has conducted studies that have shown a 5kW system adds $20k in value to a home.

He's 5 years into his career in construction management so we have considered an inspector, appraiser, wholesaler, project manager of some sort but we need more ideas especially with jobs that have a flexible schedule.