llc or not for first investment (pittsburgh)

[Matt Pitschman]

I am trying to get things into place for my first buy and hold property. A friend and I will be working together to find a duplex in the Pittsburgh area. At this point we are trying to find financing, an attorney, and a property. We have been talking about starting an llc to hold the property. I am trying to figure out how that will work. If we do use an llc, will we need a commercial loan? will we still need to personally guarantee the loan? will we be able to get a loan? We don't have a lot to put down. If we don't go llc, we could use fha and potentially save money and headache on creating the llc. Eventually our goal may be to own multiple properties so i think the llc is the way to go in the long run. Also possibly could transfer to an llc later... what do people think about using an llc for your first investment?