SA535 | The Real Cost of Money Lending with Ruben Izgelov

Today, we're bringing in Ruben Izgelov to walk us through the wonders of lending for deal financing, how it scales an investment portfolio and the security of doing it. Get the idea of being cautious when expanding your portfolio on a budget, learn valuable tips on funding properties, and cast your fears aside by tapping into this episode.Key Takeaways to Listen forHow to educate yourself using other’s experience in real estateReasons for investors to utilize private lenders more than bankersMajor red flags lenders should avoid in a private lending businessLoan: Its nature, timeframe, and fee structureWhat it means to be in the first lien position on a gap fundingPowerful tips to help you with your loan applicationResources Mentioned in This EpisodeForbesThe National Private Lenders AssociationThe American Association of Private LendersFree Apartment Syndication Due Diligence Checklist for Passive Investor About Ruben IzgelovWith over a decade in the real estate industry – acquiring, flipping, developing, and financing over $500 million worth in real estate – Ruben Izgelov has quickly become a renowned real estate expert, speaker, and guide for many professionals in the industry. The most successful time in Ruben’s career was during the 2009 financial crisis; during this time, he bought, fixed, and sold distressed properties, showing his determination in bullish and bearish markets. After using private money financing himself, he quickly saw the innovation desperately needed in the private lending space and decided to spearhead it by co-founding We Lend, LLC (a private lending platform). Ruben originally, however, started as a hard-working eight-year-old boy distributing flyers on the streets of New York, and to this day still takes that work ethic with him everywhere he goes. He is a graduate of St. John's University and Touro School of Law, where he earned a BS in legal studies and his JD, finishing cum laude and magna cum laude.Connect with RubenWebsite: We Lend Instagram: We Lend — Private Lender Facebook: We Lend - Nationwide Private LendingEmail: [email protected] With UsPlease visit our website: www.bonavestcapital.com and please click here, to leave a rating and review!SponsorsGrow Your Show, LLCThinking About Creating and Growing Your Own Podcast But Not Sure Where To Start?Visit GrowYourShow.com and Schedule a call with Adam A. Adams.