I can get it around 10% IR (a regular bank would ask me DP, and I don't have it atm, so is private money)  That would leave me, paying just interest for at least 3 years, and then I could sell the property at around 10% cap and get $1.150.000 ($550.000 gain on 3 years with no money down- sound good to me).

I can get it around 10% IR (a regular bank would ask me DP, and I don't have it atm, so is private money) That would leave me, paying just interest for at least 3 years, and then I could sell the property at around 10% cap and get $1.150.000 ($550.000 gain on 3 years with no money down- sound good to me).

Being poor carries with it a lot of stigma and assumptions about being unable to handle regular life skills like running a budget.

I.E. he can make some interest and have regular note income while you can reduce your out of pocket expense. 

It just doesn't come with a guarantee of regular paycheck.

Whereas a city with a large supply of large, long tenured employers would have a low beta.I'm not an expert on beta, but hope this helps. 

Regarding the bank, is adding an LLC to a loan an issue, or is this something they do regularly and assume that since it will be a commercial real estate loan, there will be an LLC?

We had a specific aesthetic we were looking for and a lot of the big-box furniture stores were out of stock of almost everything due to the supply chain interruptions from COVID.

I’m a regular job hopper and have held 4 jobs since then.

We work with about 4-5 different attorneys regularly depending on what we want to have done.