Heloc VS Construction loan

[Javier Emilio Tirado]

Hi, 

We own 2 plots we would like to build on. Was just wondering if anyone has experience on whether it would be more convenient to use a Heloc to build and then refinance to pay off Heloc or just a standard construction loan to a permanent loan.

A little bit of  extra info: 

-it would be our first build 

-it will be a full concrete build (roof too) 

-We have enough equity in one of our houses to cover the build cost of both builds if we use a HELOC. (but it is our only paid-off home, our "safe place")

Just wondering what someone with a bit more experience in builds would do. 

Thank you in advance :)