Private lender(family member) How did you add value to the deal?

My follow up question is this: If I am using private money for purchase and rehab costs, the private money loan + interest should be less than 126k so that it can be paid off by the refinance? 

Cash reserves and partnered with private money.

Private money(family member) How did you add value to the deal?

however it is rare you get a fire after all the homes we have had I think we have had maybe 3.. when I had my big rental portfolio I was just about to go to self insurance.. at 200 to 300 homes in the low value asset areas self insurance for fire becomes very cost effective when its private equity and no bank.  

great insights based on your extensive experience @Holly Williams 

I visit Oahu every year to check on my properties, optimize processes, meet fellow investors, and work on my tan ;)Besides my Oahu rental portfolio, I have invested in over 15 private placements/'syndications" passively over the last few years.

He may be able to give you a referral for Cowlitz County.If the tenant receives rent assistance from HUD and it is a building owned by a private party, that probably means the tenant is in the Section 8 voucher program.

If that's the case, I would try to raise private money before going down this route, it will be much cheaper and you can stake out 100% of the equity for yourself.

David Greene mentions on the podcast that these type of BRRRR rehabs are more closely associated with Private/Hard Money Investors because of the condition of the original property.