Securing lending for a two party purchase

[Rachel Cutler]

My boyfriend and I are looking to purchase  an investment property, a long distance buy and hold, and are unsure of the process for keeping our finances separate.  (We aim to purchase more in the future)

This will be our first purchase together, although I have a previously owned. My primary question is around securing lending through a conventional loan.  Do we both apply or just one of us?  What other things should we consider, like separate LLCs or joint?  We each have an equal amount of cash for the down payment, etc.