Atlanta Luxury Hard Money Loan
Log In
A huge opportunity in a booming neighborhood in Augusta, GA! This spectacular home is newly updated and hosts 5 bedrooms 7 bath. Built in 1924, this property features 13,939 sq ft lot, and 0.61 acres of living space. The overall crime risk for this area is very low, the natural disaster risk for this area includes very low earthquake risk, and minimal flood risk.
Atlanta Luxury 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 Atlanta Luxury 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 August 1, 2020 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
Real Estate Investments That Pay Monthly
Real estate has long been seen as a pathway to building wealth, but traditional property investment involves substantial costs, time commitments, and market risks. Fortunately, innovative platforms like Yieldi now provide a modern solution: real estate investments that yield monthly income without the responsibilities of owning property. How to Invest in Real Estate Without Buying…
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…
Mortgage Lenders Near Me for Bad Credit: A Path to Homeownership
Securing a mortgage with bad credit may feel like a challenging task, but it’s not impossible. Many specialized mortgage lenders near you offer tailored solutions designed to help people with less-than-perfect credit achieve their dream of homeownership. If you have struggled with credit issues in the past, understanding how these lenders work and what options…