Is BRRRR with short term owner financing viable?

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Hey guys-

I'd greatly appreciate any input or considerations from experienced investors on the forum. I am buying my first BRRRR deal from a family member and they need a lump sum in the next 4 months. They would be open to doing short-term owner financing and my question is if this is viable within a 4-month window to do a BRRRR? The scope of work is pretty minimal for the property, so I am confident I can get the remodeling done within a 6 week period.

The deal details are as follows:

Purchase price $115,000

Remodel Cost $20,000 (Conservative)

ARV $185,000-$195,000

Potential Rent $1,250-$1,300

My original intention was to go the traditional route of utilizing a hard money lender for the purchase and refinancing into long-term financing after remodeling and renting the property out.  I'd like to maximize my first deal anywhere I can, and my thought was maybe I can utilize seller financing instead of hard money to get this done.  I am open to alternative suggestions on how this could maybe work as well.  Again, any input or suggestions would be greatly appreciated!

Kurt