If you are new to real estate investing or are exploring new ways to invest, you may have heard of borrower payment dependent notes.
Borrower payment dependent notes are often used in real estate to help fund investment properties at a lower cost.
Our real estate investing experts work with notes on a routine basis and want our investors to feel more comfortable with the term. So we decided to write an article about it.
In this article you will learn what borrower payment dependent notes are, how they work, the risks associated with them, and how they can make you money.
Let’s get started!
What are Borrower Payment Dependent Notes?
Borrower Payment Dependent Notes (BPDN) are debt obligations of a private lender that are tied to the performance of a loan/asset made by that lender.
Borrower payment dependent notes were created to help private lenders structure debt transactions more efficiently. They do this by offering the opportunity to invest to multiple investors for the same deal. With multiple investors investing in a loan, no single investor has to fund the deal on their own – they can invest with less money. The more investors involved in the deal the lower the minimum investment goes.
How Do Borrower Payment Dependent Notes Work?
Essentially borrower payment dependent notes add a middle man to the transaction. Instead of investing directly in the property with the full investment, a middle man (the private lender) loans portions of the equity to multiple investors. When you obtain a borrower payment dependent note you are purchasing a stake in the asset which acts as collateral in the transaction.
So what does this mean for investors?
For investors, borrower payment dependent notes work like every other real estate investment. You fund the investment and if the private lender goes bankrupt or the borrower defaults on their loan, the asset acts as collateral therefore you get your stake. The difference is that investors can invest a much smaller amount, making real estate investments much more affordable.
Who Offers Borrower Payment Dependent Notes?
These notes are funded by hard-money private lenders, like Yieldi. A private lender will find an investment opportunity that needs funding. Once they identify a promising opportunity, they will then fund the investment with small investments from multiple investors via borrower payment dependent notes.
For example, let’s say you were to fund one of our offerings. Most of the real estate investments we offer are around a million dollars. You obviously don’t want to fund that entire amount on your own, you only want to invest a portion. Let’s say you only want to invest $100,000 (with Yieldi you can invest from $50,000 – $500,000) of the $1,000,000 offering.
With a borrower payment dependent note you can. A hard money lender would offer you 10% of the asset as collateral for your funding. And then find nine other people to do the same until the property is completely funded. Thus, making high-yield real estate investing much more affordable and accessible for investors.
How Do The Investors Get Paid?
Each note is tied to the performance of the corresponding asset. With Yieldi, we target a 10% interest rate of return for our investors. One of the significant advantages of investing in real estate compared to the stock market is that you generate monthly cash flow. Investors are paid monthly interest until the loan reaches maturity.We do our best to get investors paid by the fifthteeth of each month.
Obviously the first of the month would be ideal but there are a few steps that have to happen before the money reaches investors. First the borrower needs to pay the lender, who then passes on the funds to the BPDN issuer, who then distributes the money to investors.
Investors claim their earnings with a 1099 tax form issued by the lender.
What are the Risks of Borrower Payment Dependent Notes?
Since most investors aren’t familiar with the term ‘borrower payment dependent note’, we get this question a lot. The answer is simple – the risks are similar to most real estate investments. Since they are essentially smaller scale real estate investments they come with the same risks.
A few real estate investing risks include:
Market risk
Location risk
Asset risk
Financial risk
There is a chance the housing market could crash again or asset’s location could become less popular depreciating your asset. Whenever you take money out of the safety of your bank account and put it in an investment there are risks. The important thing is to protect your principal by mitigating risk.
Asset-based investing is a great way to mitigate risk while protecting principle because the asset acts as collateral. While there is always risk when investing, asset-based investing is considered safer than stock market investing.
Leverage BPDN to Start Real Estate Investing
Borrower payment dependent notes are a great tool to use to get started in real estate investing. You don’t have to do any of the grunt work of being a landlord, yet still enjoy the profits. BPDN let you invest in small portions, so you don’t have to put down 20% if you don’t want to.
If you are a stock market investor looking for an easy way to diversify your portfolio, asset-based investing is a great place to start.
Start building your real estate portfolio with Yieldi. Find an investment opportunity that you like by checking out our offerings.
All of our investments are asset-backed by real estate from residential to commercial properties. For exclusive access to our offerings, follow us on instagram.
THIS PRESENTATION FOR YIELDI, LLC (THE “FUND”) AND ANY APPENDICES OR EXHIBITS IS PROVIDED TO YOU ON A CONFIDENTIAL BASIS AT YOUR REQUEST FOR INFORMATIONAL PURPOSES ONLY AND IS NOT, AND MAY NOT BE RELIED ON IN ANY MANNER AS, LEGAL, TAX OR INVESTMENT ADVICE OR AS AN OFFER TO SELL OR A SOLICITATION OF AN OFFER TO BUY AN INTEREST IN THE FUND. THIS PRESENTATION IS CONFIDENTIAL AND IS ONLY BEING PROVIDED TO “ACCREDITED INVESTORS” WITHIN THE MEANING OF THE SECURITIES ACT OF 1933, AS AMENDED. RECIPIENTS OF THIS PRESENTATION MAY NOT REPRODUCE, REDISTRIBUTE OR PASS ON, IN WHOLE OR IN PART, IN WRITING OR ORALLY OR IN ANY OTHER WAY OR FORM, THIS PRESENTATION OR ANY OF THE INFORMATION SET OUT HEREIN.
A
private offering of Borrower Payment Dependent Notes (“Notes” or “Note”) will only be made pursuant to a confidential private placement memorandum (the “Offering Memorandum”), each specific Note, and the Fund’s subscription documents, which will be furnished to qualified investors on a confidential basis at their request for their consideration in connection with such offering. This document does not purport to contain all the information that may be required to evaluate an investment in a Note and is subject to completion and amendment. Any prospective investor is advised to carefully review all of the Offering Memorandum, the Note, and the Fund’s subscription documents. Certain factual information has been obtained from third-party sources believed to be reliable but has not been independently verified. The Fund may change some terms of the Offering prior to finalization of the Memorandum. The information contained herein will be superseded by, and is qualified in its entirety by reference to, the Offering Memorandum, which contains additional information about the investment objective, terms and conditions of an investment in a Note or Notes and also contains tax information, information regarding conflicts of interest and risk disclosures that are important to any investment decision regarding a Note or Notes. No person has been authorized to make any statement concerning the Fund other than as set forth in the Offering Memorandum and a Note, and any such statements, if made, may not be relied upon. The information contained herein must be kept strictly confidential and may not be reproduced, redistributed or otherwise used without Yieldi, LLC’s express written approval. Each recipient, by accepting these materials, is deemed to agree to the foregoing, and to agree to return these materials promptly upon request.
An investment in a Note or Notes of the Fund is highly speculative and involves significant risks, including potential loss of the entire investment. Before deciding to invest in a Note or Notes, prospective investors should pay particular attention to the risk factors contained in the Offering Memorandum. Investors should also have the financial ability and willingness to accept the risk characteristics of a Fund Note or Notes according to their terms. An investment in a Note or Notes is not suitable or desirable for all investors and only qualified eligible investors may invest in the Fund. Past performance is not indicative of future returns or Fund results. The views expressed herein represent the opinions of the Fund and are not intended as a forecast or guarantee of future results. Individual investment performance, examples provided and/or case studies are not indicative of overall returns of a Fund Note. In addition, there can be no guarantee of deal flow in the future. Some of the statements in this Presentation, including those using words such as “targets,” “believes,” “expects,” “intends,” “estimates,” “projects,” “predicts,” “anticipates,” “plans,” “pro forma,” and “seeks” and other comparable or similar terms are forward-looking statements. Forward looking statements are not statements of historical fact and reflect Fund’s views and assumptions as of the date of the Presentation regarding future events and performance. All forward-looking statements address matters that involve risks and uncertainties. Accordingly, there are important factors that could cause a Note or Notes actual results to differ materially from those indicated in these statements. The Fund believes that these factors include, but are not limited to, those described in the “Risk Factors” section of Fund’s Memorandum.
The performance figures set forth in this document are provided to you with the understanding that, as a sophisticated investor, you understand the inherent limitation of such illustrations, will not rely on them in making any investment decision, and will use them only for the purpose of evaluating your preliminary interest in investing in a Note or Notes of the Fund. Any performance data represents past performance. Any performance information included in this document is for information purposes only. The Fund makes no guarantee that it will be able to achieve similar results. Targets are objectives and should not be construed as providing any assurance as to the results that may be realized in the future from investments in a Note or Notes of the Fund. HISTORICAL PERFORMANCE IS NOT AN INDICATOR OR GUARANTEE OF FUTURE RESULTS. No representation or guarantee is made that the Fund will or is likely to achieve its investment objectives or be able to avoid losses.
This document contains selected information regarding transactions entered into by the Fund on behalf of other accounts and clients. The purpose of any historical information is to provide prospective investors with examples of investments the Fund has made in the market in which the Fund expects to invest and illustrate the types of investments that may be targeted by the Fund. Prospective investors should not rely on this information in making an investment decision, as the investments of the Fund in the past and the investments made in the future may be materially different from any historical investments. In view of the foregoing, there can be no assurance the Fund will make investments similar to those that may be described herein or be able to achieve comparable results or avoid losses.
The Fund has not filed, nor does it currently intend to file, a prospectus or similar document with any securities regulatory authority. No securities regulatory authority has passed upon the value of an investment in a Note or Notes of the Fund, made any recommendations as to a purchase of any securities of the Fund, approved or disapproved of the offering of any securities of the Fund, or passed upon the adequacy or accuracy of this document. Any representation to the contrary is unlawful. This document does not constitute an offer or a solicitation in any jurisdiction to any person or entity to which it is unlawful to make such offer or solicitation in such jurisdiction.
Prospective investors should make their own investigations and evaluations of the information contained herein. Prior to the closing of a private offering of a Note or Notes of the Fund, the Manager of the Fund will give investors the opportunity to ask questions and receive additional information concerning the terms and conditions of such offering and other relevant matters. Each prospective investor should consult its own attorney, business adviser, and tax adviser as to legal, business, tax and related matters concerning the information contained herein and such offering. Except where otherwise indicated herein, the information provided herein is based on matters as they exist as of the date of preparation and not as of any future date, and will not be updated or otherwise revised to reflect information that subsequently becomes available, or circumstances existing or changes occurring after the date hereof.
AN INVESTMENT IN THE FUND INVOLVES RISK, AND NUMEROUS FACTORS COULD CAUSE THE ACTUAL RESULTS, PERFORMANCE OR ACHIEVEMENTS OF FUND TO BE MATERIALLY DIFFERENT FROM ANY FUTURE RESULTS, PERFORMANCE OR ACHIEVEMENTS THAT MAY BE EXPRESSED OR IMPLIED BY STATEMENTS AND INFORMATION IN THIS PRESENTATION. SHOULD ONE OR MORE OF THESE RISKS OR UNCERTAINTIES MATERIALIZE, OR SHOULD UNDERLYING ASSUMPTIONS PROVE INCORRECT, ACTUAL RESULTS MAY VARY MATERIALLY FROM THOSE DESCRIBED IN THIS PRESENTATION.
Depending upon the structure of the entity or its assets, entities may qualify as an
accredited investor.
Investments
Entities owning investments in excess of $5 million
Assets
My entity owns investments in excess of $5 million. My entity is a corporation, partnership,
LLC, trust, 501(c)(3) organization, employee benefit plan, “family office”, or “family client”
of that office with an excess of $5 million in assets. All equity owners of my entity are
accredited investors. My entity is an investment adviser. My entity is a bank, savings and loan
association, insurance company, registered investment company, business development company, or
small business investment company or rural business investment company.
A bank, savings and loan association, insurance company, registered investment company,
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Privacy Policy
Updated April 3, 2020
Your Privacy is Important to Us
Yieldi, Inc. (“Yieldi”, “We”, “Our”, or “Us”) values the privacy of the visitors to its website (“Website) and the users of the services provided thereon (individually, “User” or “you”, and collectively, “Users”), and makes it a priority to protect any personally identifiable information it obtains from its Users. This Privacy Policy explains Yieldi’s collection, use, and protection of your personal information on and in connection with the Yieldi.com website (“Website”) and all content, services and/or products provided through the Website (collectively, the “Services”). If you have any questions that this policy does not address, please contact us (https://yieldi.com/contact/). By accessing the Services, registering as a user, using our Service or by otherwise submitting your personal information to us, you give your consent to the collection and use of personal information as explained in this policy. The term “personal information” refers to non-public information that personally relates to or identifies you (such as your name, password, age, gender, email address, postal mailing address, zip code, home/mobile telephone number, Social Security number and/or taxpayer identification number, investment objectives, investment experience, assets and income, and other similar information). Non-personally identifiable information collected on the Website may include, without limitation, website pages viewed, sites visited before visiting the Site, frequency of visits, clickstream data, browser type, operating system, organization name, articles, internet connection speed, presentations viewed, time spent viewing pages of our website or using certain features of our website, demographic data such as server locations, clickstream data, location services, server location, cookies existing on your computer, search criteria used and results, date and time of access or visits to our website, frequency of visits to our website, connection speed, and other information which does not specifically identify you.
Our Pledge to You
We are required by law and regulatory bodies to ask for certain information in order to provide our Services to you. Yieldi makes commercially reasonable best efforts to maintain the confidentiality, integrity and security of our clients’ personal information. Keeping client information secure, and using it only as our Users want us to, are matters of principle for all of us at Yieldi. With this in mind, here is our commitment to each and every User: Except as you may otherwise expressly approve, we will limit the collection and use of client and user information to what we believe would be useful to service your accounts, administer our business, or to tell you about our Services;
We will restrict employee access to client and user information to those who need to know in order to provide Services to you;
We will educate our employees according to our internal policies to reinforce the importance of confidentiality and client and user privacy;
We will maintain commercially reasonable and customary security standards and procedures to protect information about you;
and We will respond quickly to your request to correct inaccurate information.
Updates and Changes to Privacy Policy
In the event of a change in this policy, a revised Privacy Policy will promptly be posted to our Website, and the “Updated” date will be changed. If the revised Privacy Policy contains a material change to how we collect or use personal information, notice of the change will be emailed to you or posted on the Website’s home page. Please revisit this page to familiarize yourself with changes to the Privacy Policy. You agree to accept posting of a revised Privacy Policy as described herein as actual notice to you of such revised Privacy Policy. Your continued use of the Services after such posting constitute to the collection and use of your information as described in the then-current Privacy Policy.
How and Why We Gather Information
When you register for an account for the Services or at any later time, we collect certain personal information from you to open an account, transact business, communicate with you, verify your identity and fulfill legal and regulatory requirements. We call this your “Profile.” From time to time, we may request additional information (e.g., through surveys) to help us further assess your needs and preferences. If you choose to provide such information, during registration or otherwise, you are giving Yieldi the permission to use and store it consistent with this Privacy Policy. We may also obtain your personal information from your transactions with us or other Users through the Services, or from third parties such as credit reporting agencies. If we combine or associate information from other sources with personal information that you provide directly to us through or in connection with the Services, we will treat the combined information as personal information in accordance with this Privacy Policy. When you visit the Website, whether or not you register for an account, we may send one or more cookies. “Cookies” are small text files containing a string of alphanumeric characters that may be placed on your web browser. Cookies make it easier for you to navigate our Website by, among other things, “remembering” your identity so that you do not have to input your password multiple times as you navigate between webpages on the Website and/or as you access the Services. This use of cookies for authentication (i.e., verifying that you are who you say you are) is an essential component of site security. You can set your web browser to inform you when cookies are set or to prevent cookies from being set. A “web beacon” is typically a transparent graphic image (usually 1 pixel x 1 pixel) that is placed on a site or in an email which allows the website to record the simple actions of the user opening the page that contains the beacon. “Server logs” can be either a single log file or several log files automatically created and maintained by a server of activity performed by the server, which can include information about any transaction you conduct with the server. Please note that if you decline to use cookies, you may experience reduced functionality or slower site response times. Declining to use our authentication-related cookies may prevent you from using the Website altogether. We or our service providers may also collect web surfing data related to your use of the Services (e.g., information regarding which of our web pages you access, the frequency of such access, and your product and service preferences). This may be accomplished by using cookies, web beacons, page tags or similar tools. Such web surfing data may include your Internet Protocol (IP) address, browser type, internet service provider (ISP), referring or exit pages, click stream data, operating system and the dates and times that you visit the Website. Web surfing data and similar information may be used: for administrative purposes; to assess the usage, value and performance of our online products and services; and to improve your experience with the Services.
How Information Helps Both You and Us
Yieldi’s mission is to provide you with exceptional investment opportunities to match your individual investment goals. Information about you and your accounts plays a key role in our ability to succeed in this mission. It also helps us service your accounts and administer our business. For example, we use information about you to:
Provide you with the Services available through the Website;
Establish and set up your account, issue an account number, and maintain your transaction history;
Respond more accurately and efficiently to your requests;
Identify opportunities to give you more convenience and control by developing new services that may benefit you;
Verify your identity and contact information to help protect you and Yieldi from fraud;
Comply with certain legal and regulatory requirements.
We generally use the information that you provide or that we collect to establish and enhance our relationship with you, and to operate, maintain, enhance, and provide the Services and the Website. We may use such information to periodically provide you with information, newsletters or offers about features and services available through the Services that may be of interest to you. We may also send information or offers to groups of Users on behalf of other Users or third parties. However, you will have the option to opt out of receiving such information. We use aggregated information provided by or collected from our Users to understand and analyze the usage trends and preferences of our Users, to improve the way the Services and the Website work and look, and to create new features and functionality. We may use aggregated information about our Users’ investments to generate statistics and maps that we deem helpful in the provision of the Services or any part thereof. We do not and will not sell analytics about our users without written consent from the user. As you browse Yieldi and other websites, online ad networks we work with may place anonymous cookies on your computer, and use similar technologies, in order to understand your interests based on your (anonymous) online activities, and thus to tailor more relevant ads to you. If you do not wish to receive such tailored advertising, email info@yieldi.com to opt out of most companies that engage in such advertising. (This will not prevent you from seeing ads; the ads simply will not be delivered through these targeting methods.)
Sharing Your Information with Others
We may allow you to share certain information with other Users of the Services. You can share your Profile with all other Users, or only with such other Users as are designated by you. You are not required to share your Profile or any other information with other Users. If you do share your Profile, anyone you designate will be able to see what companies you are following and investing in. If you indicate an interest in making an investment through the Services, such as indicating an interest to buy equity or make a loan in a particular private real estate company, we will notify the party or parties offering the investment (the “Issuer”) of your interest and may notify other Users with whom you have chosen to share information. By indicating an interest in an investment and/or sharing your Profile with other Users, you consent to this disclosure of your information. We may also collect and store information, which could include Non-Personally Identifiable Information or Personally Identifiable Information, locally on your computer or device using mechanisms such as browser web storage or application data caches.
Social Media Features
You can log in to the Website using services such as Linkedin or Google. These services will authenticate your identity and provide you the option to share certain personal information with us such as your name and email address to pre-populate our sign up form. Our Website may also include Social Media Features such as the Facebook Like button, Twitter, and share buttons. These Features are interactive mini-programs and may collect your IP address, which page you are visiting on our site, and may set a cookie to enable the feature to function properly. Social media features and widgets are either hosted by a third party or hosted directly on our Website. Your interactions with these Features are governed by the privacy policy of the company providing them.
How and Why Yieldi Discloses Your Information to Third Parties
We limit the sharing of personal information outside Yieldi. We do not sell, license, lease, or otherwise disclose your personal information to third parties, except as noted below: We may disclose your personal information when such disclosure is legally required or appropriate pursuant any court orders, subpoenas or any regulations, including responding to court orders and subpoenas, cooperating with government agencies, other regulatory bodies, and law enforcement officials, performing background checks, resolving disputes or performing risk-management functions. To help us improve our Services, we may engage third parties to help us to carry out certain internal functions such as information management, account processing, client services, or other data collection relevant to our business. Examples of the types of outside companies with which we may share information include non-financial companies that perform services for us, such as data processing, and companies that perform reporting, tax documentation, custody, title or escrow services on our behalf. Use of any personal information we share with these third parties is limited to the performance of the task we request. The third parties with which we share personal information are required to protect it in a manner similar to the way we protect your personal information. If you indicate an interest in making an investment through Services, we will notify the Issuer of your interest and will provide your personal information to the Issuer. To engage in any other lawful activities we believe are consistent with this Privacy Policy and the Services. You may elect to share your User Content (as that term is defined in the Terms of Service ) with other Users. Any personal information that you choose to include in, or that is associated with, your User Content will be accessible by other Users. Once you make your personal information available to others in any of these ways, it may be collected and used by the recipients without restriction. We may make certain automatically collected information about your interactions and activities on the Services, such as the business or investment areas of interest to you or that you have invested in, and your past activities, projects or proposals, publicly available on or through the Services. Any such publicly available information will be accessible by other Users. In the event that Yieldi is acquired by or merged with a third-party entity, it reserves the right to transfer or assign the information that it has collected from its Users as part of such merger, acquisition, sale, or other change of control. In such cases, Yieldi will provide you notice before your personal information is transferred to and becomes subject to the privacy policy of a different entity. >We may also disclose your information as necessary to credit reporting or collection agencies, or when necessary to protect our rights or property. We further reserve the right to disclose any of your personal information as we believe appropriate or necessary to take precautions against liability, to investigate and defend against any third party claims or allegations, to assist government enforcement agencies, to protect the security or integrity of the Services, or to protect the rights, property or personal safety of Yieldi, its Users, Issuers, or others. Yieldi may also use and disclose personally identifiable information and non-personally identifiable information: to investigate and help prevent potentially unlawful activity or activities that threaten the integrity of our website or network; to protect and defend our rights or property or the rights or property of others; as required by courts or administrative agencies; and in connection with a financing, sale, merger, or reorganization of Yieldi’s business or assets. Any successor in interest to our business would acquire the information we maintain, including personally identifiable information, and may alter the terms of this Privacy Notice. Yieldi does not and will not sell any of your information, including non-personally identifiable or personally identifiable information, to any third party for purposes of advertising, soliciting, or telemarketing. We may, however, have to disclose your information, including non-personally identifiable information or personally identifiable information, to other companies or entities in the event that Yieldi may be sold or is sold to another company or entity. In that case, your information, including personally identifiable information and non-personally identifiable information, may be sold or transferred to such acquiring company or entity.
Our Privacy Policy Does Not Apply to Third-Party Activities or Sites
The Website may provide links to third-party websites for your convenience and information. If you access those links, you will leave the Yieldi Website. Any information submitted by you to a third party, including Issuers, will be controlled by that third party’s privacy policy, which may differ from Yieldi’s. This Privacy Policy does not cover the collection of information by cookies or other methods by such third party services or other third parties, such as our business partners. We do not control how these third party services or third parties collect information or by what means such third party services or third parties may use their own cookies to collect information about you. We do not endorse, screen, or approve, and are not responsible for the privacy practices or the content of, other websites or services. We encourage you to review the privacy policy of any company before submitting your personal information.
Keeping Information Safe
We limit access to your personal information to those employees who have a legitimate business need to access such information to provide you with the Services. In keeping with industry standards and practices, we maintain commercially reasonable physical, electronic and procedural safeguards and controls to protect your information. The Website is built upon a secure infrastructure with multiple layers of protection and we use industry standard encryption technologies to safeguard your information. Users are required to identify and authenticate themselves prior to accessing restricted portions of the Services. Generally, identification and authentication take place through the use of your user name and a password. You are responsible for keeping your password confidential. We have security standards and procedures in place designed to prevent unauthorized access to your accounts and personal information. A key part of this process helps ensure that all information we have about you is accurate and up-to-date. If you ever discover inaccuracies in our data or if your personal information changes, notify us at info@yieldi.com immediately. The transmission of information via the Internet is not completely secure, and for this reason we cannot guarantee the security of information sent to us electronically. If we learn of a security systems breach, we may attempt to notify you electronically so that you can take appropriate protective steps. We may also post a notice on or through the Website and the Services in the event of a security breach. Depending on where you live, you may have a legal right to receive notice of a security breach in writing.
Opt-out Policy
We may at times send you e-mail communications with marketing or promotional materials. If you prefer not to receive such marketing or promotional e-mails from us, you may unsubscribe completely by emailing us at: info@yieldi.com. Please note that opt-out requests may take up to twenty-four (24) hours to process. Please also note that at times we may need to send you e-mail communications that are transactional in nature such as service or termination announcements or payment confirmations which are communications you will not be able to opt-out of. You will be able to modify the information concerning your account by visiting your profile page and editing any information you wish to change. You will be able to change your e-mail address, password, contact information, or other login information by visiting your account’s settings page subject to our website policy. If you wish to delete your account or need help modifying account information, please contact us a info@yieldi.com. We will require up to twenty-four hours (24) to process such requests. Through your account settings you will be able to set certain preferences and permissions regarding the visibility of your information, including Non-Personally Identifiable Information or Personally Identifiable Information, to others. You may stop or restrict the placement of Yieldi’s cookies, Google’s cookies and third party cookies on your computer by adjusting your web browser preferences or a “Do Not Track” setting in your web browser. If you do so, you may still use our website, but this may interfere with some of its functionality. You may also clear cookies from your computer via your web browser settings. You may also wish to use a Google Analytics opt-out web browser add-on.
Information on this option is available at: http://support.google.com/analytics/bin/answer.py?hl=en&answer=2700409 If you would like us to remove your Personally Identifiable Information from our database, please send a request to: info@yieldi.com. We are not responsible for removing your Personally Identifiable Information from the lists of any Third Party Services or other third party who has previously been provided your information in accordance with this notice.
Reviewing, Changing or Correcting Information
You are solely responsible for helping us to maintain the accuracy and completeness of your personal and other information. We urge you to review your information regularly to ensure that it is correct and complete. If you believe that any of your information is incorrect, or if you have any questions regarding this Privacy Policy, please contact us at help@yieldi.com. You may, of course, decline to share any or all of your personal information with us or ask us to delete your personal information from our systems at any time, in which case we may not be able to provide to you some of the features and functionality found on or through the Website and the Services.
An Ongoing Commitment to Your PrivacyWe are committed to protecting the privacy of our former clients as well as our current clients. If you choose to become an inactive client, you will continue to be protected by the policies and principles described in this Privacy Policy for as long as your personal information is retained by us. Should you close your account with us, we will only retain your personal information for as long as necessary to comply with any applicable legal or regulatory requirements.
International Visitors
The Services may be accessed and/or used by Users located outside the United States in accordance with our Terms of Use and other policies and procedures posted on the Website. If you choose to use the Services from the European Union (EU) or other regions of the world with laws governing data collection and use that may differ from U.S. law, then please note that you are transferring your personal information outside of those regions to the United States and by providing your personal information on or through the Services you consent to that transfer.
Children’s Privacy Policy
The Yieldi website is not intended for use by children, especially those under eighteen (18) years of age. No one under eighteen (18) years of age is allowed to use the website, provide any personal information or receive our email distributions. We do not knowingly solicit or collect Personally Identifiable Information from children under the age of thirteen (13) or anyone under eighteen years of age. If you believe that a minor has disclosed Personally Identifiable Information to Yieldi, please report this to us immediately by emailing us at: help@yieldi.com.
Applicable Law and Jurisdiction
The Website is maintained in the United States of America. By accessing the Yieldi website, you consent to and authorize the export of Personally Identifiable Information to the United States of America and its storage and use as specified in this Privacy Notice. This Privacy Notice shall be governed by, construed and entered in accordance with the laws of the State of Oregon applicable to contracts deemed to be made within such state, without regard to choice of law or conflict of law provisions thereof. All disputes with respect to this Privacy Notice shall be brought and heard either in the Oregon State Courts located in Portland, Oregon, or the federal district court for Portland, Oregon. You consent to the in personam jurisdiction and venue of such courts. YOU HEREBY WAIVE YOUR RIGHT TO A TRIAL BY JURY WITH RESPECT TO ANY CLAIM, ACTION OR PROCEEDING, DIRECTLY OR INDIRECTLY, ARISING OUT OF, OR RELATING TO, THIS AGREEMENT TO THE FULLEST EXTENT PERMITTED BY LAW.
Contact Information
Please contact Yieldi with any questions or comments about this Privacy Policy, your personal information, or your choices with regards to our collection and use of your personal information, by completing our contact form or email at info@yieldi.com.
For citizens of the European Union, please contact info@yieldi.com. for requests and inquiries regarding the data retained and managed by this portal and your rights to be forgotten related to the General Data Protection Regulation (GDPR).
June 8, 2022 Mortgage Number: 244 NE 85th Street, Miami, Florida 33138
Mortgage Statement
Statement Period:
May 8, 2022 to June 8, 2022
Property Address:
244 NE 85th Street, Miami, FL, 33138
Mortgage Details
Closing Date
March 22, 2021
Maturity Date
June 1, 2022
Interest Rate (as at statement date)
12.00%
Payment Frequency
Monthly
Interest Payment
$7,100.00
Transaction Summary
Opening Principal Balance
$710,000.00
Closing Principal Balance
$710,000.00
Interest Paid (during statement period)
$7,100.00
If any of the balances, interest rates or other financial data appear incorrect, please contact us detailing any discrepancies: Yieldi 6000 Lake Forrest Drive, Ste. 100 Atlanta,GA, 30328 Tel: (770) 376-7632
