How is Rescue Capital Working in Real Estate Today? with Ruben Izgelov

Published: Dec. 22, 2023, 7:47 a.m.

b'Use Stessa to manage your properties: https://stessa.sjv.io/c/2425882/1152983/14113\\xa0Invest with Taylor: www.investwithtaylor.com\\xa0\\nRuben Izgelov, a professional lender and founder of We Lend, LLC, joins the Passive Wealth Strategy Show to discuss the rising interest rates and the emergence of rescue capital in the real estate space. He explains how his lending company\'s rescue capital program works, including the evaluation of deals and borrowers. Ruben emphasizes the importance of mitigating risk and the need for borrowers to have equity in the deal. He also discusses the process of selling loans on the secondary market and the challenges of providing rescue capital as a preferred equity partner.\\nKey Takeaways:\\nRescue capital is provided to borrowers who are in default or facing financial difficulties with their existing lenders.\\nTechnical defaults often occur when a loan matures, and the borrower needs to find a new lender to refinance the debt.\\nThe leverage against the property\'s as-is value is a key risk mitigator for rescue capital loans.\\nBorrowers with more equity in the deal are more likely to pay off the loan and find a solution to their financial difficulties.\\nSelling loans on the secondary market helps mitigate risk and allows for compounding returns.\\nQuotes:\\n"The leverage against the as-is value is our biggest risk mitigator." - Ruben Izgelov\\n"The more equity the borrower has in the deal, the more likely they are to pay off the loan." - Ruben Izgelov'