Or just take the loss and move on?

I did just close on a sub to that also matches my view of a ramp up into 2021 stressed owners due to covid job loss / stress selling their house to me 4 weeks ago sub to, my costs:  $2k to the seller 1.5k closing costs...

@Justin DeshaiesAs @Jonathan Greene said - no need to partner at this point. unnecessary complexityjust house hack sequentially. 

Here are some tips to maximize the use of leverage without paying for unnecessary interest:- If the cash out is being utilized for RE acquisition have a strong pre approval and try to align the refinance with the purchase.

Profitable or a loss?

@Heather Watkins I prefer to see the posts where the investor is merely contemplating taking the steps you've taken rather than instances where they have already spent unnecessary time and expense on entity formation because we as a BP community can at try to steer the investor in the right direction.

How will you fund the improvements and vacancy loss?

Personally, I have no issues making the full monthly payments from the start, so it seems unnecessary to pay the buydown payment just to have lower payments in the first two years.Additionally, my lender said that if I refinance before the 2-year period is over, the remaining buydown payment would be applied to the principal.

The consequences of the tax sale (loss of liens) continue.3.   

Please don't do what many do, which is trying to avoid losing money by selling now only to have a bigger loss later.