Cash-Out Refi or Conventional Loan

[Caleb Childs]

My fiancé and I are in the process of closing our first deal using private money. The property is a SFH and we are trying to decide whether to flip or use BRRRR Strategy...my question for BRRRR is if it would be best to put the property in our name and do a cash out refi post-rehab to pay our lender back (her father), or potentially keep the property in the lender's name and purchase the property from him using a conventional loan after the rehab. Any help would be greatly appreciated!