FHA to LLC with a partner??

[Kyle N.]

I've come across a pretty amazing deal, and to make it better, I would obviously like to get 30yr Fixed terms.  I already have my four, but my soon to be business partner only has one. 

Is there a way to have him buy in his own name, then convert into our LLC down the road? If so, what are some ways that can be done?

I was thinking if he buys it in his name, then we move ownership into a trust, which is then owned by our LLC... Am I at least close?