Is there any harm (mainly tax liability) in waiting 3.5 years and both refinance the mortgage and transfer the title together? 

i’m sure it’s due to the soap they have been pumping down there but can’t prove it. who pays the $400 Electrician bill?

REIA meetings, meetups, calling the "handyman special" signs, calling the "we buy ugly houses" or the "we pay cash" billboards and signs.  

@Mat FisherMost programs are very expensive which is why it’s easier to pay a servicer $25-$35/month th manage that process and they will also do all the tax forms and handle escrow

You would need to pay cash to do that or work with a local bank who will allow you to do that.

I am not too kin to pay it all before the renovation work has been completed and have negotiated to keep 15% to be paid when renovation work has been completed, so that the seller has an incentive to complete the work adequately.

@Chris DoucetteIf it sounds to good to be true....It's possible they are just quoting you their P&I payment, when you are thinking they are quoting you principle, interest, taxes, and insurance.  

My question is after the construction is complete, am I able to do a cash out refinance on the whole property to pay off the construction loan in order to build more units?

Seeking potential legal/tax advice here - I have already setup an LLC with a business checking account/credit card.

(Another option to the above scenario is to instead have the LLC lend my father money to complete the rehab so all the repairs are made in his name...but then the LLC would get no tax deductions on the rehab, plus my father would wind up paying interest on the loan and the LLC would incur taxable income on the interest of the loan as well.)I've said a lot here, but It would be greatly appreciated if anyone can give me advice on the best strategy to pursue...Thanks!