Strategies to pay back loan from family member

[Conor Shea]

Hi all, I am looking for advice on the best way to pay a family member back. I recently bought a triplex in San Diego for $890,000 with 0% down at a 30 year fixed 2.25% VA loan and it appraised for $965,000 at the time of the sale. I have used $65,000 of a family member's money to cover the rehab. Currently, I will make interest-only payments until the principal amount is paid off through a refinance within three years. However, with such a low interest rate would it make more sense to take out a HELOC to pay off the principal amount? Or are there other options that I should be looking into? I would like to refinance to use the VA loan again as I may be moving soon and would like to buy property wherever I go. Seeking advice on the best way to proceed with getting the principal back. Thanks!