Using FHA 203k and DSCR refinancing

[Brody Veilleux]

My house hacking plan is to get a distressed MFH using a FHA 203k loan with about 3.5-5% down, and fix up the property to increase my equity. I will have enough reserves to cover the holding costs as well as some left over as emergency funds for the property. I'll rent out the other units and use a property manager for the home, only because my day job will take up too much time to manage the property myself. During my 1 year of living in the property I will be building my down payment on the next property. After my 1 year, I plan on refinancing with a DSCR loan to remove my personal guarantee from the property. After that I will use my savings to fund the next property and repeat the process. I have one major question for this. Since I will be refinancing with a DSCR loan, is there any benefit to transferring the title to my llc now that I'm moved out and not stuck with the FHA requirements? I'm aware there's more moving parts than this and I'm sure there's some things I didn't think about. Any opinions on this plan would be greatly appreciated!