Buying a multifamily as an LLC with an FHA loan?

[Eduardo Huerta]

Hello BP forum,

I have a question I hope someone can answer. My wife and I want to form an LLC to protect our assets and buy a Fourplex in Dallas, TX as an income property. We do not owe a house at the time and plan to live in the Fourplex.

Can we buy the property with an FHA loan as an LLC?

If the answer is no, what can we do to protect our selves from lawsuits from tenants?

Thanks

Eduardo