SA535 | The Real Cost of Money Lending with Ruben Izgelov

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 for

  • How to educate yourself using other’s experience in real estate
  • Reasons for investors to utilize private lenders more than bankers
  • Major red flags lenders should avoid in a private lending business
  • Loan: Its nature, timeframe, and fee structure
  • What it means to be in the first lien position on a gap funding
  • Powerful tips to help you with your loan application

Resources Mentioned in This Episode

About Ruben Izgelov

With 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.

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