Savannah Demolition Hard Money Funded
Log In
Great property right in the heart of St Simons. It is a single family home that contains 871 sq ft and was built in 1948. It contains 2 bedrooms and 1 bathroom.
Savannah Demolition Hard Money Funded 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 Savannah Demolition Hard Money Funded
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 9, 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…
2024’s Most Trusted Atlanta Finance Companies
In the dynamic financial landscape of 2024, Atlanta stands out as a hub of innovation, reliability, and opportunity. The city’s finance companies, particularly those specializing in bridge lending, are gaining recognition for their trustworthiness and client-centric approach. Among these companies, Yieldi emerges as a leading Atlanta bridge lender, providing tailored solutions that meet the diverse…
How to Choose the Best Dallas Loan Companies for Your Needs
In a bustling city like Dallas, where the economy is thriving, and opportunities abound, securing the right financing is crucial for both individuals and businesses. Whether you’re looking to finance a new home, expand your business, or cover personal expenses, choosing the best Dallas loan companies can make all the difference. This article will guide…