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Atlanta Renovation Hard Money Loan

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A rare opportunity to invest in a lot in the only gated community south of I-20 inside I-285. Minutes from the Hartsfield-Jackson Atlanta International Airport.

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

Atlanta Renovation Hard Money Loan 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 Atlanta Renovation Hard Money Loan

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 May 21, 2020 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.

Additional Resources

How Hard Money Loans can Expedite Commercial Real Estate Projects

Introduction In the dynamic world of commercial real estate, speed and efficiency are paramount. One financing option that can expedite these projects is hard money loans. Unlike traditional lending methods, hard money loans offer quick, flexible financing for real estate developers and investors. What are Hard Money Loans? Hard money loans are short-term loans secured…

The Integral Role of Credit Scores in Hard Money Lending: A Deep Dive

In the dynamic landscape of real estate investment, hard money lending has carved out a niche for itself as an alternative financing option. Yieldi, a company at the forefront of this industry, has been instrumental in providing these loans. This article delves into the pivotal role credit scores play in determining the interest rates on…

Using Hard Money Loans to Purchase a Property on a 1031 Exchange

Introduction Real estate investment can be a lucrative venture if approached with the right strategies. One such strategy is using a 1031 exchange to defer capital gains taxes, which can be further optimized by employing hard money loans. This article will explore the concept of a 1031 exchange, delve into the specifics of hard money…

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