Still learning, curious about hard money and refi out

[Nick Cikity]

So I'm reading through "the book on investing in real estate with no and low money down".. I'm curious, is it possible or normal to create an LLC, obtain a hard money loan under the LLC and later refinance out of the hard money loan into a conventional bank loan, again with the LLC as owner? This is in Las Vegas and I'm just trying to get ideas on if this is common practice and if so what might be involved with all of this.

Thank you,

Nick C.