FL - Buying property with LLC cash

[Jorge Medina]

Good morning, I hope everyone is well. 

I was wondering if it is possible and if so, what the pros and cons were of purchasing an investment property cash (at a discounted rate), modernizing it, and selling it to my business for a mortgage based on value of property? As opposed to a "delayed financing" or "cash out loan" and having to wait six months for a conventional mortgage. 

Thanks in advance!