Written by Bill Kopp | Photos by Anthony Harden
Todd Fowler and Jon Sarver of ALFIE Loans bring together accredited investors and borrowers to develop real estate throughout Western North Carolina.
Traditionally, when a real estate investor needs bridge funding to finance a new project, he or she has been limited to a pair of options. The investor can approach a bank for a loan, or they can seek out partners to provide the needed cash in return for a stake in the project. But as explored in Capital at Play’s August 2018 feature, “Creditworthiness, Collateral, & Capital: Entrepreneurial Funding,” a third way is gaining in popularity. Direct lending is a means of financing that eliminates intermediaries. For small- to medium-sized investors, direct financing is an attractive option, with several significant advantages over other approaches.
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