add_filter('get_the_excerpt', 'do_shortcode');

Birmingham, AL – $313,000

Invest In This Loan
LOAN ID: 2022AL1531

PROPERTY DETAILS

ADDRESS

1531 19th St S, Birmingham, AL 35205

Purchase Price

$245000

As-Is Value (AIV)

$418000

Rehab Budget

$0

Exit Value (ARV)

$418000

LOan Details

Total Loan Amount

$313000

Interest Rate (Annualized)

7%

Loan Type

Rehab

Loan Exit

Refinance to Rental

Funding Date

04/14/2024

Loan Length (Months)

24

Loan-To-Value (LTV) or Loan-To-Cost (LTC)

74.88%

Loan-To-After Repair Value (LTARV)

74.88%

Borrower Details

# of Similar Completed Project in Past 3 Years

5+

Primary Guarantor FICO Score

679

Borrower Bio & Background

Value add investor that also wholesales properties to developers.

Property Image

Google Street View

https://goo.gl/maps/WnjA5ftcAr5GAaT86
2022AL153 -- 1531 19th St S, Birmingham, AL 35205

Learn More About Our Passive Investments