Fix-and Flip (Rehab costs, Downpayment)

[William Silva]

Hello BiggerPockets,

Thank you in advance for any input you might have.

I plan on purchasing a distressed property with hard money. 

2 questions.... 

1) How can I obtain 100% financing for the down payment as well as the rehab costs?

2) If I close under a LLC, once the home is fixed and rented, can I cash out refinance into a conventional loan (for better terms)? Following that Refi, I'd like to switch the deed back over to the LLC.

Is this all attainable, or am I living in a fairy tale?