Seller financing with BRRRR

[Paul Schmidt III]

After months of research and lurking I feel like the time is right for me to get into my first deal, so please bare with me. I have a lead on a property and have some questions on the best way to go about financing it. I have two options before me, the first is the classic BRRRR pay cash then refinance. The second is to offer seller financing allowing them to keep more of there money away from the tax man. Now if I would do seller financing I'm assuming they place a lean or a note on the property, if that is the case how does that work when I go to refinance and get my capital back out. Is there a benefit to one vs the other?