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Residential Hard Money Loan: Buy & Hold

Orlando, Florida Rental Condo

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Condo in Orlando, Florida. Highly sought out unit with no current vacancies in the building. Large 1,009 sqft, two bedroom, two bath condo is on the third floor of the beautiful Bella Terra gated community. The community is filledwith amenities and buildings surround the center lake. Open split plan with kitchen overlooking living/dining room combination. The mainliving area and bedrooms are carpet and tile in the kitchen added Microwave, bathrooms, and foyer. The unit has vaulted ceilings, built-in shelving, ceilingfans, two walk-in closets, and screened balcony with storage closet. This unit is just steps away from the playground area and resort-styleswimming pool that over looks the center lake with wireless internet access. There are also concierge services, clubhouse, 24-hour healthclub caliber fitness center, tennis & basketball courts, and car wash area.

Annual Interest Login for details
Term Remaining Matured
Payment Monthly
Offering Size $1,500,000

Orlando, Florida Rental Condo Details

Structure

Tax Document
1099-INT
Offering Structure
BPDN
x

SENIOR BPDN - PROMISSORY NOTE SECURED BY COLLATERAL SECURITY AGREEMENT

THIS PROMISSORY NOTE IS SECURED BY THE ISSUER'S PLEDGE OF THE RELEVANT UNDERLYING COLLATERAL LOAN (AS DEFINED BELOW) TO THE LENDER (AS DEFINED BELOW) UNDER THE COLLATERAL SECURITY AGREEMENT AND PROMISSORY NOTE. HOWEVER, EXCEPT TO THE LIMITED EXTENT PROVIDED IN THE PROMISSORY NOTE WITH RESPECT TO THE UNDERLYING COLLATERAL LOAN, THIS NOTE IS NON-RECOURSE TO THE ASSETS, FUNDS AND ACCOUNTS OF YIELDI, LLC (THE "BORROWER", "COMPANY" OR "ISSUER") OR ANY OF ITS AFFILIATES, EMPLOYEES, AGENTS, STOCKHOLDERS, PARENTS, OR SUBSIDIARIES EXCEPT TO THE EXTENT OF THE VALUE OF COLLATERAL LOAN NET PAYMENTS ACTUALLY RECEIVED IN RESPECT OF THE UNDERLYING BORROWER LOAN.

Example Return on Investment

Investment Amount:

Annual ROI:

$0

Investment Summary Of Orlando, Florida Rental Condo

Investors have an opportunity to invest in borrower payment dependent notes, the cash flow of which is dependent on the payment of interest and principal repayment on the Loans. Investors are scheduled to receive an annualized monthly interest payment of Login for details over the Loans' estimated remaining term of Months. Principal is expected to be returned on or before maturity through a refinancing with a traditional bank loan. It is important to note that the Loans are eligible for prepayment, and principal may be repaid prior to the Months estimated remaining term. If the Loans are paid off before maturity, investors are expected to receive at least three months of interest payments in addition to return of principal.

How Do I Get Paid?

This loan had an initial term of Months with an option at Yieldi's discretion to extend. As of November 22, 2024 there are Months remaining. Investors will immediately receive monthly interest payments at an annualized rate of Login for details on the principal balance over the life of the loan. If you invest in this loan in the middle of a month, you will receive a prorated interest payment for your investment for your first investment month and then full monthly payments thereafter. All payments are made automatically via ACH on the 1st of each month and investors all paid by the 10th of the month.

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