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.

Background: I offered on a condo (still a newbie to investing myself, although this would make my third STR and second in one market), and the same day a second offer came in, higher.

I have a property in Jackson Michigan under seller financing it was my first time taking this route.

Ive started a mail campaign with properties in my local area( Providence County).

I am in the process of updating my profile on Bigger Pockets and put my first deal in but have done a number of deals since then. 

@Isaac Ballew I graduated back in the stone age with a finance degree and found my way eventually in Real Estate after some corporate jobs. 

Hey @Nicolas Munoz, I've always done it manually using my Excel calculator.

This would be a ten year initial commitment of my IRA converted Roth IRA dollars.  

My owners have my personal cell and can contact me about anything at any time.

I used a HELOC on my primary residence to purchase a long term rental investment property.