Partnering on a duplex, do we both need LLCs?

[Nick Bandiera]

Hey all! 

My brother-in-law and I just locked down a duplex under contract and plan on closing at the end of the month. This will be his 4th property and my 1st! 

Before I spend money with an attorney, I was curious what my options are. He has an LLC and I do not. We secured the deal using a conventional loan in which we both want to be 50/50 equity partners. Here are the questions that I am trying to figure out.

1. Is it possible to have a JV agreement between his LLC and me as an individual for this property?

2. Should I open an LLC so we have both LLCs on the JV agreement? Can I do this without an attorney?

3. If we both have LLCs that we want on this property, is that allowed given that we are using a conventional loan for this deal? 

Thanks for the help, I am also looking for an attorney that works with investors but before I spend money on asking the above questions, I was hoping to get help from the forum. I read the new Real estate rookie partnerships book twice but still a little vague on how to handle this sitution. 

Nick