Refi mortgage from private lender

[Erin N.]

Hello all,

I did a BRR on a duplex a few months ago, and am now looking to complete the final R. I inked the deal right before watching the BRRR webinar, and I wish I had seen it first. I only secured 12 month terms from my private lender, so I have to refi within 12 months. What are my options for refi so I can pay off this note before the deadline? I'm concerned about 18 month seasoning requirements, but I also don't know if they would come into play in my situation. Here are my numbers:

$153,914 sale price

$75,000 loan from private lender

$78,914 cash payment for the balance

$30,000 renovations

$1100/mo 12 mo lease for one unit

$2000/mo month-to-month rental on Airbnb for the second unit - 25% vacancy so far

$950/mo private lender payment

$3000 annual property tax

$900 annual insurance

Ideally, I'd like to refi for enough to reimburse myself for the renovations and part of the cash I paid to buy the property.  I'm not really sure where to start.  I appreciate any advice you can give!

Thanks!