Conyers Residential Hard Money Loan
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 October 5, 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
Invest in Hard Money Loans: A High-Yield Opportunity in Real Estate
Hard money loans offer investors a unique opportunity to tap into the real estate market without directly purchasing property. With higher interest rates and shorter loan terms, investing in hard money loans can yield substantial returns in a relatively short period. This article will explore how to invest in hard money loans, the potential risks,…
Finding the Right Austin Real Estate Lender for Your Property Investments
In today’s competitive property market, finding the right financial partner is crucial. An Austin real estate lender can help you secure funding tailored to your specific real estate needs, ensuring you can take advantage of lucrative opportunities in one of the fastest-growing cities in the U.S. Whether you’re a first-time homebuyer or an experienced investor,…
Do Banks Do Hard Money Loans? Unveiling the Truth About Alternative Lending
When it comes to financing real estate deals, many investors look beyond traditional lending options. Hard money loans have become an increasingly popular solution for those needing quick access to capital or for projects that may not qualify for conventional loans. But this begs the question: Do banks do hard money loans? In this article,…