GROUNDFLOOR | What are you building?

LOAN SUMMARY | 824 Hillside Avenue, Plainfield, NJ 07060

Golden Crest Investment Group

Chris Delgado - principal

9.6%

12 months

49.4%

$260,000

Purchase & Renovation

First Lien

$260,000

Repaid on 12/07/2017

07/12/2016

06/27/2016

12/07/2017

07/12/2017

FINANCIAL OVERVIEW After Repair Value (ARV) $526,000 Total Project Costs $290,000 $236,000 GROUNDFLOOR $260,000 $30,000 0% Skin-in-the-Game First Lien Loan Cushion Purchase Price $190,000 Purchase Date TBD Loan To ARV 49.4% Loan To Total Project Cost 89.7%	Grade Factors The following factors determine in part how the loan was graded: (in descending order of importance) Loan To ARV Score 6 10 Quality of Valuation Report 4 4 Skin-in-the-Game 2 10 Location 6 8 Borrower Experience 4 5 Borrower Commitment 1 1
	VALUATION REPORTS As Complete (ARV) $526,000 Certified Independent Appraisal Broker's Price Opinion Borrower Provided Appraisal Borrower Provided Comps

The Borrower intends to use the loan proceeds to purchase the property and complete a renovation to prepare it for sale.

The Borrower is a new entity and does not have any assets or operating history.
A closing date has not been set yet for the purchase of this property. We will not originate a loan on this property until the closing process commences.
Although the Borrower has negotiated to purchase the property for the stated purchase price, there can be no assurances the Borrower will close on the acquisition at this price. However, the Borrower's Skin-in-the-Game will not change regardless of any changes to the closing price.
The renovation of the property may be extensive, and therefore subject to delays and other unexpected issues.
The renovation will require permitting, and permits may not be obtained on time or may be denied.
The funding of this senior loan will be subject to a clean title search, and the resolution of any title or tax issues.
Please consult the Offering Circular