HELOC vs. Hard Money for BRRRR

[Jenni Salter]

Hi everyone, I am getting ready to purchase my first BRRRR property. I have $250K in HELOC money. I've received advice that it always makes sense to use private/hard money over HELOC to buy properties. I am not really understanding why it's better though. I was told by my mentor to use the HELOC money as seed money to have in case I need it. What are your thoughts? I wanted to get various opinions before deciding the way to go about this. What are benefits of hard money? Maybe I'm missing something.