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Residential Hard Money Loan: Buy & Hold

Invest in Haverhill, Florida Hard Money Loan

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Invest in a property in Haverhill, Florida. Newly renovated with a pool and great location close to West Palm Beach. Beautiful 3 bed plus den, 2 bath, home in Haverhill with a private pool and two car garage.

Annual Interest Login for details
Term Remaining Matured
Payment Monthly
Offering Size $1,000,002

Invest in Haverhill, Florida 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 Invest in Haverhill, Florida 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 July 27, 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

Comparing Hard Money Loans to Traditional Bank Loans: Pros and Cons

Introduction When it comes to securing financing for real estate investments, borrowers often find themselves weighing the options between hard money loans and traditional bank loans. Each type of loan has its own set of advantages and disadvantages, catering to different needs and circumstances. Understanding the key differences can help investors make informed decisions that…

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…

What is an Accredited Investor?

What is an accredited investor and how are the rules and regulations evolving to allow more investment opportunities to a new category of investors.

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