I've lived in my current residence for 10 months and plan on purchasing a new primary residence (multifamily?) 

It is more important that you are a resident or have local counsel in the state that the LLC is incorporated in.

There are a lot of moving parts if you are buying as a principal residence or an investment. 

@Rome Xu, You can absolutely get a loan on a fourplex if you qualify.

You need to fire him.You definitely need someone qualified, does not have to be a CPA, could be an Enrolled Agent or an attorney.

In most cases someone will not qualify.

Since I was in Texas and planned on staying there I found out that I was qualified to take a test and become a broker so I took the test and I got a license.Regardless of what I he'd I felt more comfortable with the construction business.  

I had paid over $30k in fees last year to have someone bring be a qualified buyer for properties I was selling. 

The Partnership would deduct the interest and you should have documentation of the LLC assuming the mortgage.PM me if you'd like that friend's information.You definitely need someone qualified, does not have to be a CPA, could be an Enrolled Agent or an attorney.

Just let me know what exact area you are in via PM.You definitely need someone qualified, does not have to be a CPA, could be an Enrolled Agent or an attorney.