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The Best Ever CRE Show

JF2512: What Lenders Want from Investors with Andrew Schnissel & Ruben Izgelov

The Best Ever CRE Show

Best Ever CRE

Business, Investing, Entrepreneurship

4.7996 Ratings

🗓️ 19 July 2021

⏱️ 27 minutes

🧾️ Download transcript

Summary

When Ruben Izgelov went to a private lending conference, he had full intentions of finding better sources of capital for his own deals. He walked in as a fix & flipper and walked out as a hard money lender. Tune in to find out what lenders are looking for in investors, how to make the lending process easier, and what you need to make sure your lender is NOT doing.    Ruben Izgelov & Andrew Schnissel Real Estate Background: Co-Founder/Managing Partner, Ruben Izgelov and Partner, Andrew Schnissel of We Lend, LLC, a private money lending company 25 years of real estate experience Portfolio consist of 15 units  Based in New York, NY Say hi to him at: www.welendllc.com Best Ever Book: How to Win Friends and Influence People & Scaling Up Click here to know more about our sponsors: Real Estate CFO Services | ThinkMultifamily.com/coaching | Rent Redi Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Did you know that within a decade women will hold $30 trillion in investable assets?

0:05.3

Yet somehow only 19% of women reported feeling confident in selecting investments that align

0:11.0

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0:23.0

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0:27.0

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0:35.5

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0:40.0

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0:48.0

To learn more and to get your tickets, visit InvestHERCON.com today and use the code 100 best ever to get $100 off your ticket.

0:56.6

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1:00.6

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1:05.0

A lot of times what we're seeing is lenders out there promising a very low initial rate.

1:10.0

But when you get to the payoff, you start seeing all these exit fees.

1:14.0

Guess what, that initial rate is not as low as you expected it to be.

1:18.0

Quick disclaimer, the views and opinions expressed in this podcast are provided for informational purposes only and should not be

1:24.2

construed as an offer to buy or sell any securities or to make or consider any

1:29.2

investment or course of action. For more information go to best ever show.com.

1:34.6

I want to introduce to you Ash Patel.

1:36.4

He's a full-time commercial real estate investor.

1:38.9

He's going to be doing the interview today and a lot of them moving forward. I'm still going to be doing

1:43.2

interviews just not as many and he is going to ask tough questions. Well still

1:48.9

building rapport that way it's not awkward. He's a good friend of mine.

...

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