It is the interest rates at which banks lend to each other and is short for Secured Overnight Financing Rate. 

I personally do recommend Columbus Ohio for many reasons.

Did you finance this deal with a local bank or credit union?

Explore my personal favorites, Set For Life by Scott Trench or The Total Money Makeover by Dave Ramsey, for invaluable financial insights.3.

Attend in person networking events in your area (there are many in and around Vancouver). 

You are going to send your wife to personally unclog that toilet.

It separates your personal assets from your business, providing a safeguard if any legal issues arise related to tenants or the property.

Go to small local/regional banks NOT national ones.

I've know him personally for years, had the opportunity to consult with him on both sides of the business and have to say he's the real deal. 

And they'll want you to pay off the loan pretty soon (and usually will you as the rate will probably be higher than banks) so there's that too.For this reason, we definitely prefer private lenders as they will (if you've built trust with them) often lend on the rehab too.