I have to ask: why would a lender put $1,000,000 out there for 40-45 days for 1/2 of 1 percent? While I understand anything higher than 6% doesn't work for you, why would a lender put that much capital out there for a $7500 return? After you factor in the time and effort to devote to due diligence, what is the NET return to the Lender? The best deals are one that benefit all involved.