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312. Preventing A Foreclosure Through Underwriting With Ruben Izgelov

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Ruben Izgelov has quickly become a renowned real estate expert speaker and guide for many professionals in the industry The most prosperous time in Ruben s career was during the 2009 financial crisis during this time he bought fixed and sold distressed properties which showed his determination in both bullish and bearish markets After using private money financing himself he quickly saw the innovation desperately needed in the private lending space He decided to spearhead it by co-founding We Lend LLC a private lending platform In this episode Ruben shares his journey into real estate and how he became interested in the field at a young age He believes that real estate is a great opportunity and he s using passive income strategies to make money in the market He discusses his current investments and the types of borrowers he s looking for and he offers his advice on how listeners can find success in the real estate space as well 00 01 – 04 55 Opening Segment Ruben is a real estate investor and loan officer who has been in the real estate industry for over 20 years He attended law school but decided to pivot and go back into real estate 04 56 – 16 47 Preventing A Foreclosure Through Underwriting Ruben discusses how a debt fund can be beneficial to those looking for both capital and operators How his company is focused on lending money to experienced operators who are looking for a stable investment with high returns He shares that his company is always onboarding limited partners and focuses on a deal that has upside potential and is recession-resistant Underwriting is more important than ever Reducing exposure allows for more equity in the event of foreclosure The tax benefits of a self-directed IRA He shares his experience at a networking event 16 48 – 20 39 Closing Segment Ruben shares that investors should be aware of current trends including volatility and be mindful of where their money is invested Ruben shares where you can get in contact with him links below Quote s Underwriting is more important than ever It s not a matter of making sure that you can foreclose on a property it s a matter of preventing foreclosure Ruben Izgelov You can connect with Ruben through his Website welendllc Instagram welendllc Facebook welendllc LinkedIn welendllc WANT TO LEARN MORE Connect with me through LinkedIn Or send me an email at sujata luxe-cap com Visit my website www luxe-cap com or my YouTube channel Thanks for tuning in If you liked my show LEAVE A 5-STAR REVIEW like and subscribe Click here to visit this podcast episode