Stunningly high – low-risk – return in just 24 days

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%.

1100 Sq.ft.

3 Beds 

1 Baths

The gross return on this $40,000 loan was 8%…
Over a period of just 24 days!

Use the map to get an idea of the area. For security purposes we have not identified the actual property on the map.

The Numbers

Loan Type Wholesale
Loan amount $40,000
Loan duration (Months) 0.8
Origination points 7.5%
Interest rate 12%
Gross return over loan period 8%
Gross annualised return 123%

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