Pulling the trigger on trying to decide on hard money or private

[John Penzo]

Ok,

So currently I own 9 properties. 4 here in the The Dallas, TX area where I live, and 5 in the Dominican Republic. Out of all these properties, I’ve flipped 2 of them and held unto them. 
I’ve managed to acquire a personal line of credit for $40k. I’m considering on using either a hard money lender to cover the purchase and repairs, and my line of credit paying for the downpayment and the monthly interest for the hard money lender. I also have a private money lender, but they would take longer to fund. So my question is, would it be wise to pull the trigger on finding the deal and going forward with it, and if so, which route should I take, the hard money lender or private lender route? (Of course considering that the private lender is going to be less expensive to borrow from)