Having Trouble Understanding how to Scale using Private Money

[Matthew John]

Hey guys, 

Over the past month I've purchased 2 properties, one SFH for me to live in and one Duplex where I can rent out both units.

I financed both properties through Chase. The SFH I had to had my mother cosign since I do not have seasoned income and the other was purchased in my girlfriend's name who works part time.

Both of my properties were great deals & I'm seeking to do more. Problem is, I don't have money left to keep funding these myself. 

I do, however, have access to private money that would be interested in working together alongside me. 

I'm seeking some clarity on how I can continue to build up my rental portfolio while working with a private money lender. 

My from understanding, I get enough money from them to fund the deal + rehab, then I cash out refinance and pull the money back out to pay back the private lender?

Would a bank or traditional lender work with me even though I don't have seasoned income?

I'm confused on how you go from getting money from the private lender to returning their money + interest and getting into a regular loan. 

If you have experience with this, would you mind walking me through some of the steps?

Would a bank or lender allow me to cash out refinance even if I don't have seasoned income?