Buying in my business, selling to myself?

[Joy Jones]

Hello BP, wondering if it's legal to buy and flip a house with my LLC (cash), rehab, then turn around and buy the house retail (after rehabbed) in my personal name using FHA bank loan? I plan to live in the property. My goal is to have the LLC take The profit off the sale to use in the the next flip. Also, is W2's the only way Bank makes you eligible to refi on a BRRRR.. 2 strategies I have been researching and planning, just making sure I cover all basis as much as possible. Thank you for your time. As my future in REI grows, I also hope to share best practices and lessons with my BP family along the way.