Condo in the Heart of Miami, Florida
Log In
Investment opportunity on one of Miami’s best streets, Brickell Avenue. This 2/2 Condo is prime location for long term and short term renters. Houses in this area are selling for triple their usual value.
Condo in the Heart of Miami, Florida Details
Structure
- Tax Document
- 1099-INT
- Offering Structure
-
BPDNx
SENIOR BPDN - PROMISSORY NOTE SECURED BY COLLATERAL SECURITY AGREEMENTTHIS 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 Condo in the Heart of Miami, Florida
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 23, 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.
Additional Resources
Private Lending Companies Near Me: Unlocking Real Estate Investment Opportunities
When you need fast, flexible financing, private lending companies can provide the solution you’re looking for. In this competitive real estate market, whether you’re a seasoned investor or just getting started, private lenders offer tailored loan options that are difficult to find with traditional banks. If you’ve ever searched “private lending companies near me,” you’re…
How to Raise Private Money for Your Real Estate Investment
Raising private money for your real estate projects isn’t as elusive as it might seem. Whether you’re diving into a promising fix-and-flip or looking to secure a multi-unit rental property, you need the necessary funds on hand to seize the moment. However, traditional banks and lenders operate too slowly—and that’s where private money lending comes…
Personal Loans for Bad Credit Guaranteed Approval: A Path to Financial Relief
Securing a personal loan when you have bad credit can be daunting, but it’s not impossible. Lenders understand that financial difficulties happen, and many offer personal loans for bad credit guaranteed approval to help borrowers get back on track. These loans provide access to funds even for individuals with poor credit histories, offering a lifeline…