How do I fund deals with tenants in them

[Femi Ibrahim]

Quick question, not sure how to go about this. I use hard money loans to buy and hold then refinance, as well as fix and flip as the case may be.

I was presented with a deal, but not sure how to go about this.

ARV is $295,000
Purchase price is $185,000
Repair cost is $30,000.

I plan to fix and flip this property. However there is a tenant in the property till September 2019. Not sure how to go about this.

Do I get transactional funding to fund this, and then convert to 30-year mortgage after a month or so, and then hard money loan to fix and flip at the end of September?

Do I get hard money loan to finance this till September and then use another hard money to fix and flip at the end of September?

What are your thoughts ?

Thanks