Any success stories with Hard Money Lenders?

[Daniel Mendez]

Hey BP,

I am looking to purchase my first out of state property soon.

I am looking to potentially use a hard money lender for my first property even though I know it will eat up my profits. 

Would you guys suggest I use a hard money lender? Or should I attempt to acquire funding through friends and family members?

Does anyone have a success story using a hard money lender for their first investment property?