Break down your rehab into individual jobs, for example get a electrician for electrical work, a plumber to repipe the house, a dry wall guy to close out the walls, etc.

You will start out as an individual investor and then as you scale become a commercial investor.

My contractor has one credit card for all of my individually owned buildings (jointly not multiple cards) and one credit card for the building I own in a partnership.

@Jordyn Gegg - I have a PM company that oversees all of my individual LLCs.

Quote from @Brody Veilleux: As far as I’m aware, FHA loans are only for individuals.

If individuals and/or LLCs are the beneficiaries, then it is doable. 

My best advice would be to read through the contract carefully (builders usually have their own individual contract that's written for them and is leaning heavily in their favor).

The home sold for 135k to an individual using a VA Loan.

i do think it's challenging, though, for a brand new investor with zero experience to jump right into a huge rehab with a contractor they've never worked with before.the contractor might want a larger up-front payment to mitigate their own risk, and they're not going to be interested in any kind of fancy nonsense like a 'penalty' when they know a new investor has never managed a large project before.i have also found that some contractors, including reputable ones, don't even want to share itemized bids because they just don't want to have to argue about the individual line items. 

My name is Eli and I’m interested in doing fix/flip and BRRR’s I’m glad to be apart of this amazing community and can’t wait to connected with other like minded individuals!