Whether you can get $580k for a 2BR house there, I have no idea.By any chance, are you modeling your reno project to end up looking like this one: https://www.realtor.com/realestateandhomes-detail/244-Myrtle-Ave_Boonton_NJ_07005_M64709-02530

You are adding costs and complications for no benefit at all.

There may or may not be a pre-pay penalty, obviously I would negotiate for no pre-pay.- at year 7, can i extend balloon or notNo, unless it's in the contract or the seller agrees to it. 

Plus,  if you have the ability to do another FHA 203k, it's a no-brainer.The low down payment is unbeatable, and then add on that the bank will all finance the renovation!  

Business Continuity: If you invest with partners, a properly structured key person insurance or buy-sell agreement funded by life insurance can ensure a smooth transition if one partner is no longer around. 

The remaining $150K in this case is still eligible to be offset by any NOL from my rental properties from LLC #A.You already explained the basic idea yourself, so there is no need for us to do it. 

There are no simple instructions on how to simply skip trace someone's info.

Institutional / Middle Market Borrowers (No In-House Capital Markets Team): On the flip side , we work with some institutional / middle market borrowers that do not have in-house, dedicated capital markets debt teams.

It is DSCR based and no personal tax returns are required to qualify.

That will stop most wholesalers from calling when it appears you have no equity in your home.