I suspect they drew you a flow cart and then your conversations went something like this: I need to transfer my properties to an LLC for anonymity.They are told they are not anonymous & that is not asset protectionBut I need it anyway for tax savings.They are told there’s no meaningful tax advantages  But I can get non recourse debt because the LLC is the borrower.They are told they still have to personally guarantee the loanNo, I can get non recourse debt I read all about it.They are told yes, while that is true, the leverage is customarily low, applies to much larger CRE transactions and there are still carve outs.

What if you're a cardiologist with no debt and making $250,000 annually?

I recommend aiming for 35-40% down to avoid being burdened by debt service.

what’s an example of buying real estate for cash flow without using any of your own money? 

Or, I sell the Stockton home and put the money made, along with my savings towards the Sacramento home and be mortgage free within the next few years.My long term goals are to have cash flowing rental properties, but to also be financially and debt free. 

I only have credit card debt with a minimum monthly payment of under $300. 

Time for much more or "any" Due Diligence as Gravity ie the 10yr Yield will be much less forgiving.  

They used horrible 2 year bridge debt to finance it.

They used horrible 2 year bridge debt to finance it.

Ultimately the debt will still be recourse meaning you are personally guaranteeing the loan.