Newbie House Buyer/House hacker

[Sho Firecomm]

Is it a good idea to purchase a 230k property with a Hard Money Lender? This is my first home purchase in which I already have a tenant (family member) set up.

The house doesn't need any work, but I am really wanting to throw myself in the process of buying a home and go through the live and flip process.

Because I live by 1099's it will take too long to get a traditional mortgage, so I was thinking about approaching a Hard Money lender.

This is all in Phoenix Arizona.

Your thoughts are appreciated!

Joe