Simple

Spec Home & Construction Loans

We provide simple and streamlined spec home and build-to-rent construction financing to builders and real estate investors in North and South Carolina.

I’d Like To Borrow

ALFIE is your spec loan financing specialist.

We offer common sense financing solutions for builders and real estate investors. ALFIE is the simplest and most straight-forward spec financing specialist in North and South Carolina.

ALFIE does not provide construction financing for owner-occupied residences.

No tax return required
Common sense approach allows for fast closings and construction draws
Interest charged on the funds drawn
Up to 100% construction financing, including soft costs

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Invest in your community.

WE PUT INVESTOR CAPITAL TO WORK EFFICIENTLY, WHILE MINIMIZING DOWNSIDE RISK
Our open-ended fund structure enables us to deploy capital quickly to serve a variety of real estate entrepreneurs and developers.
PROVIDES FLEXIBLE LIQUIDITY
Three month lock-up period. Flexible liquidity feature under normal market conditions.
OUR PROGRAMS ARE WIN-WIN FOR ALL STAKEHOLDERS
At ALFIE we help our investors make secure real estate loans that enable our borrowers to build local communities.

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We are not bankers.

We’re Real Estate People

We provide simple spec home financing and a common sense approach that allows for fast closings and fast construction draws.

Meet Our Team

Kalen Thompson

2024-03-08

Highly recommend Alfie. We love working with Craig and his team. Very professional and responsive. Good loans fast.

shaw henderson

2024-01-17

Local and historical knowledge of the Asheville real estate market sets ALFIE up for well calculated assessments and underwriting of their loans. As an investor, this group of “assets” is a valuable part of a diversified portfolio providing reliable and predictable returns.

Jonathan Stokes

2023-12-06

I cannot say enough about this group as a whole. My business partner and I have been building with Alfie for the last five years. Single Family Homes to our recent Cottage Community, Westside Walk in the RAD. Jon and Todd are easy, reliable, buttoned up, and go out of their way to make the experience as smooth and stress free as possible. Alfie, thanks for everything you have done to establish StoDodd LLC!

Zen Katana

2023-12-04

I've borrowed money from Craig at ALFIE over a dozen times. The process is consistently easy, predictable, and very considerate to the owner and the contractor's time needs. The one time I ran into an adverse situation on a project and the loan needed to be restructured, Craig had it done in a week with one phone call and a couple emails. Out of town lenders can't touch these local heros, HiGHLY RECOMMEND!

Matt McMaster

Alfie makes borrowing on my specs easy. Very fast and great communication during the process. I would highly recommend them.

Will Gaddy

2023-11-30

Investing with ALFIE has been a fantastic experience. Their lending service provides a critical resource for the community, and the team's expertise and dedication to navigating the investment landscape truly sets them apart. ALFIE has proven to be a reliable and innovative pooled investment fund. I am proud to be a part of this venture, and look forward to continued success with ALFIE!

Jonathon Zetterholm

2023-11-28

Working with ALFIE has been a game-changer for our business. The ALFIE team is not just professional but genuinely invested in our success. They've been with us every step of the way for several years, proving to be an invaluable asset in our growth. What sets ALFIE apart is their simple and straightforward process, their deep understanding of the market, and their rapid deployment of capital. It's refreshing to partner with a lender that gets behind our mission and not only funds our projects but also believes in them. I wholeheartedly recommend ALFIE. They're not just a lender; they're a partner who's committed to our success. Big thanks to the entire ALFIE team!

Amanda Williams

Jon and the Alfie team has been a tremendous resource to our company for over 5 years. They have been a key part of our growth and success! Highly recommend them to both new and seasoned investors and builders!

Brandon Quinn

2023-11-27

Alfie is hands down the best lending group I've used as a spec builder and developer. No banks will help us as builders or developers they no longer have an appetite for spec building or a program that can help benefit or grows business in the construction industry. Alfies process is simple and they believe in the projects they take on. They have supported me in all of my endeavors and the team is top notch. They team is extremely knowledgeable of the market and helpful if you ask. I look forward to whats next and knowing I have a group willing to stand with me is a tremendous asset to the growth of my businesses. Thank you guys it's an absolute pleasure to write a review for a group who has changed my life as a business owner forever.

Carolina Carney

Alfie has been of TREMENDOUS help over the last several years with our construction projects. You couldn’t ask for a nicer, more professional group of individuals who go above and beyond to find solutions for you.