My motivation to sell was because I figured I had just purchased an investment in a bad area, and I was essentially doomed to make a profit/even break-even on it.

So one major repair can wipe out a year's worth of profit.

If you're asking how to get a general purpose loan to the LLC, then that's not going to happen without several years of operating history and organized financials for a CRE lender to underwrite. 

The goal is to refinance with equity after a year and then use the FHA to house hack again. makes sense. most of the profit is going to come from equity.

I’m looking to do a few spec home builds a year, I’ll take those profits and build multi family properties for long term investments.

If you can get gross development value then you can figure what the most you can pay to make the site pad ready, do vertical and still make a profit.

Title co reports to IRS, and you probably going to hit a snag when all your basis is $0 on every deal and every deal you do has big profits. 

.: No longer a rule, just a ghost in the past, A relic of days when profits were vast.

When the properties are paid off, you’ll probably have a healthy profit.

Also, new builds are not currently in our strategy (delayed profit realization).