We bought a cot, and Milo was going to go straight into that (which he kind of did).

While we we still in hospital after he was born, the only way to get him to sleep at all was in a hammock, so MIL bought us one, and Milo sleeps in both, depending on his mood (grumpy and overtired = hammock)

He slept in the hammock in our room for the first few nights home from hospital, but after that I put him in his cot, and he seemed to sleep better.

Its up to you. The idea of hiring a bassinette is good - Milo had a valco cocoon which he outgrew within 2 months, so I don't know how long he would have lasted in a bassinette.