There is a lot of new construction going up in Point Breeze, and a fair amount of flips are being churned out.

Now the real work starts with lead generation and churning the wheels to get deals done and building a client base.

You have to remember that a lender makes money by velocity of churning their money and usually wants to see 20% or better annually. if you keep this in mind when presenting you could see if the deal makes sense.

My quick answer is that if you have a limited amount of funds that you can churn and you are able to reliable replicate what you have just done and do it in a timely manner (6mos or less), and do so without the churned funds sitting idle for long stretches then you will almost always be better off flipping.

I don't get to keep all the profit/CF, but neither does Ford or GM when they churn out cars from their assembly lines.  

As long as the economy keeps churning along, the Bay Area will continue to thrive along with the rest of the country.

So now i'm back to hunting for leads again :) Will send you a PM as soon as I have something churning in the mill ... 

Now they lend that exact same $500k to the next family, possibly churning the same $500k block of funds 6 times in a single year for $10k a pop (12% ROI).If it's not a Fannie/Freddie loan, that money needs to come from you in some way or another -- typically baked into the rate, terms, fees, etc.Basically it's subsidized mortgage v not subsidized mortgage. 

So no their goal is to maximize their investors returns.. not churn the accounts and trying to get turn over and lease fee's..

You can earn MORE than 12% because you can charge 2 points upfront + 12% so if you can churn your money every 6 months, you're earning 16%, which will give you $36,000 a year in income.