LLC with a partner to buy properties

[Steven Rogers]

I had a question regarding forming an LLC for a partnership. My partner and I are located in Texas, and are planning to purchase our first unit together. We wanted to register an LLC for the properties to be registered under, as well as having a way of formalizing our partnership.

My question is, when the property is purchased, is the 'owner' listed the LLC? Or do we somehow leave it under both of our names? Additionally, what about the mortgage? From my understanding the mortgage is actually in our names individually.

Any other things to keep in mind? If it's not obvious, this is our first purchase - we're closing in a few weeks and I wanted to button up the details :) 

Thanks!