First, if you resell the note, most investors will want a 10%+ return.

That is an awesome return considering Mom just got raised to 1.35 % on her 100k CD.

And when a rising tide is lifting all boats, groups that amplified their results by using risky high leverage could score some massive returns until the music stopped, then will subsequently struggle to keep the rest of their portfolio out of foreclosure.

Based on those numbers, yes CoC return is "accurate" but I wouldn't say it's "reasonable"...in fact, it seems VERY high.

Non-profit or not, it will be UW as a business...the non-profit designation doesn't eliminate the lending review, just makes the proceeds non-taxable in order to be put to charitable use.

After 1yr we run a return on equity calculation, how much is our monthly cash flow divided by our equity position.

How are people buying multiple non owner occupied properties on fixed rate traditional 30y mortgages? 

“A QOF is an investment vehicle that files either a partnership or corporate federal income tax return and is organized for the purpose of investing in QOZ property.”What are the benefits of buying property in an opportunity zone?

You’ll start generating cash flow immediately, but the returns might be lower.BRRRR: If you’re willing to be hands-on and can manage renovations, BRRRR offers higher potential returns and helps you recycle your capital.

Perhaps they offer a favorable refinance option if the property has appreciated to the point where the current loan amount satisfies their non physician loan LTV underwriting.