Conventional loan REFI into another one

[Oscar Tol]

I purchased a property for $450k about a year ago with 10% down and used a HELOC for the other 10%. The ARV is about $550-560k. It needs about $30k in repairs (which I have) however, is it is better to use a hard money loan for the rehab and do a cash-out refi once the repairs are done? That way I can pay back the HELOC and the HML?

Thanks!