If so, you just defeated the purpose, and added to the cost of the property.

If we do a quit claim deed to transfer the title of the property over to the LLC, would the the mortgage still being in my name defeat the point of this?

It seems like a design flaw to have a camera that can be so easily defeated. 

You have to put 25% down, which kind of defeats the purpose of using an FHA loan in this situation imo. 

Keep in mind that using hard money sort of defeats the purpose here.

This is important because although you can refinance prior to that period they would base the numbers on the original purchase price plus verifiable repairs as opposed to the new appraised value (Estimated ARV) which kind of defeats the purpose of using the BRRRR method. 

Will the defeated feeling go away? 

Or does that defeat the purpose.

It defeats the purpose of the LLC. 3) Am I going to get bad rates because my properties are in the LLC? 

It won't be an admission of defeat, rather, it'll be an admission of having learned a few things.