Private money loans and BRRRR markets

[Amit Roginsky]

Hey everyone, first post here. I own a rental property (not in the US) and I've been wanting to invest long distance in the states for some time now, using the BRRRR method in order to start with a relatively small amount of cash and build my portfolio from there. My Dad's company (architecture firm) has some money saved up and we are considering to give it to me as a private loan (under contract of course) in order to invest in the US. Here is where I need your help -

How would you construct that kind of relationship? What are the standard rates for such loans? How would you plan the payments to be (i.e, full bacxk payment onve receiving RF or monthly payments according to the numbers, in order to preserve cash flow? 

Also, as a long distance investor i've been researching several markets with no success so far (Las Vegas Metropolitan is a bit too pricy for me, and several attempts to analyse the Seattle metro also came up short). I am looking for Fixer Uppers, listed for around 90-120K, to purchase and rehab in cash (and later refi and make a BRRR property). It would help a lot to hear from you guys which markets offer deals with these numbers. If you have some in mind, and also can refer me to agents/PM/GC in that area, blesses upon you!

Thanks everyone!