Deal Showcase For Investor Partners
SW Marietta, GA 30060
This big 3 bedroom, 2.5 bath, 2 garage, home has a very accommodating 1,626 square feet, with a great layout. It is located at the end of a quiet cul-de-sac in a subdivision. Sturdy construction. Only a short drive from Smyrna Village, Marietta Square, and SunTrust Park. Our borrower bought this tenanted property – with a monthly rental of $1,100 pm – for $98,000. The market rental is $1,400. YDL granted a loan of $88,200. The borrower cleaned the property out and resold it within 21 days for $129,000. YDL’s mortgage backed return over this period was 5%. The gross annualised return was 84%.
This $88,200 mortgage backed loan returned 5% in just 21 days
|Loan duration (Months)||0.7|
|Gross return over loan period||5%|
|Gross annualised return||84%|
Stone Mountain, GA 30083
YDL’s borrower bought this 4 sided brick 3 bedroom ranch with a full basement and a screened in porch and garage, situated near Stone Mountain Park, for $45,000. YDL obtained a Broker Price Opinion, which valued the property at $75,000. On this basis, YDL lent $40,000 to the borrower in order to buy the property, and the borrower paid all closing costs. The loan was secured by means of a first lien (mortgage) over the property. The borrower cleaned the property out, tidied the garden, and sold the property to an investor for $74,000. The whole transaction – from closing to closing – took only 24 days! The gross return over this period was 8%, and the gross annualised return was 123%.
The gross return on this $40,000 loan was 8%...
Over a period of just 24 days!
|Loan duration (Months)||0.8|
|Gross return over loan period||8%|
|Gross annualised return||123%|
SW Atlanta, GA 30311
Our borrower turned this property from a 2 bed 1 bath, 1,108 sq.ft home into a 3 bed 2 bath home by having added approximately 500 sq.ft. YDL’s loan was for $133,508, of which $82,000 was retained to fund the rehab (payments were made based on progress). The loan was secured by a first lien against the property, personal guarantees by the borrower, and the retention of the rehab loan amount. The project took just under 6 months, and the borrower sold the property for $207,500. YDL’s gross annualised return was 20%.
This $133,508 loan was backed by a first-lien and personal sureties.
Its gross annualised return was 20%.
|Loan duration (Months)||5.6|
|Gross return over loan period||10%|
|Gross annualised return||20%|