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Bridge – Louden, TN (Subordinate)

<$100K Remaining

Bridge – Louden, TN (Subordinate)

Note Size: $100,000
Maturity Date: 09/01/2024

This is a short-term bridge loan on a recently remodeled home on a private cul de sac in the heart of Tellico Village with lake views. The borrower is currently short-term renting the property and has it listed at $600K and is pending sale to another investor. This is a subordinate tranche of $100,000.00 […]

2,444 SqFt
Whole Note Yield: 11%
Partial Note Yield: 11.0%