You would likely incur some type of prepayment penalty IF the bank would even allow it in the first place.

How to set up and link a legal trust as a member to your SLLC so that the transfer of properties into your company is done smoothly and correctly without issues with lenders or banks, etc etc, same reason you don't DIY your own medical issues.

Would a good 1st move be going to the bank just to see what I would qualify for in say a 203k loan?

Make sure to check with an attorney in your jurisdiction before using one.

Yes, this can be a huge time saver especially if your jurisdiction considers this an "addition" instead of a "new construction" which generally makes it easier and faster to get a permit.

i am buying from the sheriff foreclosure sale. i am doing a title search, and i see the following ; judgement obtained by chase bank on 1/26/2018, and it was later assigned from Chase to VRTG ASSET TRUST on 9/21/18. 

And all the banks I approach ask tax returns.

I think there are far easier opportunities in the market (non real estate related) that can get me a measly 3% net rate of return (You might as well leave the money in the bank or buy a treasury bond which is much less risker and hassle free than owning real estate)Lastly Patience & DisciplinePurchasing your first property, or even adding to your portfolio only happens when its right for you and nobody else.

I've called about 10 local banks in my area but all seem to require around a 20% dp.

To me, "subject to" deals are relatively low risk when there's no impending FC sale and if you're flipping since you'll be in and out of the property before most banks will know what happened.