I want to profit off the interest rate and perhaps offer 6% rate on what is left on the mortgage.

I really appreciate you reaching out and offering your support.

Some lenders offer creative solutions, like a cross-collateralized loan, where they use your existing equity as security without refinancing the duplex.Another idea is partnering with private lenders or exploring a second-position mortgage, depending on your lender's terms.

I was to start assembling a team together and am looking for any recommendations of contractors that will offer a little bit more hand-holding, as I am still fairly new to this process. 

No matter whether you are looking at commercial or residential property, the deals that “pencil out” at OFFERING price are few and far between these days.  

Rentals generate passive income, so an S-Corp offers no added tax benefit.

Before diving in to offer advice, I'd like to clarify a few things with you, if I may....You mention that you are going to live in the property while you renovate. 

Then offer the creditor a percentage of this amount as settlement in full.  

You’re probably thinking you have to offer asking price – not true!

Hi @Kyle McCorkelLooking at Palmyra currently, and actually just submitted an offer on a possible STR.