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Timeline of Communication Regarding Loan Terms for 1432 Sara Ave Overview This timeline illustrates YHome's proactive communication with Lofty regarding the loan terms for the property at 1432 Sara Ave, emphasizing our commitment and the investments made, especially during the ongoing eviction process. Timeline December 15, 2024 • Email Sent: YHome communicates with Lofty regarding the implementation of the Profit First system for 1432 Sara Ave. o Key Details: ▪ The property was rented upon acqu

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Timeline of Communication Regarding Loan Terms for 1432 Sara Ave
Overview
This timeline illustrates YHome's proactive communication with Lofty regarding the loan
terms for the property at 1432 Sara Ave, emphasizing our commitment and the
investments made, especially during the ongoing eviction process.

Timeline
December 15, 2024
•

Email Sent: YHome communicates with Lofty regarding the implementation of the
Profit First system for 1432 Sara Ave.
o Key Details:
▪ The property was rented upon acquisition.
▪ Confirmation of stability during the transition period.
▪ Announcement of the Profit First system to be implemented starting
January 14, 2025.
▪ Proposal to establish a YHome loan to cover current property costs,
including taxes and insurance.

January 7, 2025
•

Follow-Up Email: Lofty requests clarification on loan documents and whether the
loan will cover the existing capital call balance.

January 14, 2025
•

Response from YHome: Clarification on the loan structure and confirmation of the
70/30 profit distribution model.
o Additional Notes: YHome emphasizes the importance of maintaining
communication regarding the loan terms and property management.

January 18, 2025

•
•

Discussion on Loan Terms: YHome and Lofty discuss the specifics of the cash flow
projections for 1432 Sara Ave.
Clarification Provided: YHome confirms that the 70/30 structure may vary based
on actual costs and needs for each property.

January 18, 2025 (Evening)
•

Final Update Sent: YHome reaffirms the implementation of the Profit First system
and the establishment of a loan to support property costs, addressing ongoing
concerns about property management and tenant stability.

Conclusion
YHome has clearly communicated its strategies and actions regarding the loan terms for
1432 Sara Ave well in advance. Despite the ongoing challenges, YHome has shown its
commitment to the property and its investors through proactive engagement and financia l
investment.
This timeline serves to clarify YHome's vested interest in the property's success and
demonstrates the thoroughness with which we approach property management and
financial planning. Thank you for your attention, and we look forward to continuing our
work together to stabilize and enhance the value of our investments.