We’ve all heard about crowdfunding sites like GoFundMe, KickStarter, and IndieGoGo. Now, however, there’s crowdfunding for real estate deals, and AlphaFlow is one of the leaders in the industry.
Jason Hartman talks with Ray Sturm, co-founder and CEO of AlphaFlow, about how it all works, what kinds of deals AlphaFlow is interested in, and why some deals just don’t work.
[1:59] What AlphaFlow is and how it works
[3:58] The regulations AlphaFlow has to follow
[6:43] In real estate crowdfunding you have to commit early
[10:47] Why AlphaFlow sticks with residential real estate
[13:58] The interest rates that borrowers are paying and how the loan breakdown works
[16:33] AlphaFlow stays away from refinancing deals