Conyers Residential Hard Money Loan
![Conyers Residential Hard Money Loan Main Image](https://yieldi.com/wp-content/uploads/2020/07/conyers.jpg)
![Conyers Residential Hard Money Loan image 1](https://yieldi.com/wp-content/uploads/2020/07/conyers.jpg)
Log In
Invest in this low LTV property in Conyers GA, located just outside the perimeter of Atlanta. This very nice condo features 1 bedroom and 1 bathroom. This property was built in 1973. It features above average school districts, and is accessible to many public areas.
Conyers Residential Hard Money Loan 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 Conyers Residential 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 September 8, 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
How to Invest in Atlanta Real Estate: A Complete Guide for 2024
Investing in real estate has always been a smart financial move, especially in high-growth markets like Atlanta. For 2024, Atlanta remains a top destination for real estate investors due to its booming economy, growing population, and increasing property values. However, traditional real estate investment can often be complex and capital-intensive. That’s where platforms like Yieldi…
Is It Hard to Get a New Construction Loan in Atlanta? Top Tips for Easier Approval
Atlanta is a dynamic city known for its fast-growing real estate market. With new developments cropping up every day, it’s no surprise that many are looking to finance their dream homes or investment properties through construction loans. But for those unfamiliar with the process, one question often lingers: Is it hard to get a new…
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…