Buying Property through an LLC

[Brett Kelly]

Hello all,

I'm looking to buy investment property out of state and I was wondering if I bought property through an LLC could I still apply/qualify for an FHA loan for my primary residency?

I’m not quite ready to pull the plug and buy my first home in Orange County California because the market seems high at the moment but I would like to get the ball rolling and start investing..

Another question I have is should I look at starting an LLC in the state that I'm buying the property or do I have to start it in the state I'm a resident in? Or does anyone have any reasons I shouldn't go through an LLC?

Thanks to anyone that can help.

Brett