Vetting, Underwriting, and Streamlining the Financing Process With Tim Milazzo

Published: Aug. 22, 2022, 7 a.m.

b"Tim Milazzo is the co-founder & CEO of StackSource. He identified the market opportunity for a tech-enabled commercial real estate financing platform, recruited Nathan as a co-founder, and built the company. StackSource is now one of the fastest-growing commercial financing companies in the country. Prior to StackSource, Tim worked for tech giants Facebook and Google where he helped expand B2B marketplaces in ad tech. Years ago, he interned at a top NYC real estate company before the current real estate tech wave. He comes from a family with a history in real estate.\\n\\xa0\\n[00:01 \\u2013 05:39] Opening Segment\\nCatching up with real estate technology with StackSource\\nTim talks about his background and how he saw the potential in real estate\\nUsing automated financing programs to help you get the best deals\\n\\xa0\\n[06:16 \\u2013 16:21] Getting the Best Loan Deals to Start Your Own Journey\\nGetting instant quotes using automated programs\\nCommercial Financing versus Residential Financing\\nThe value of establishing relationships in financial programs\\nGetting help from advisors\\n\\xa0\\n[16:22 \\u2013 25:00] Understanding the Current State of the Market\\nMaintaining Borrowers and Lenders\\nConnecting more people and properties through tech platforms\\nComparing financial rates in the past, present, and future\\n\\xa0\\n[25:01 \\u2013 30:04] Closing Segment\\nQuick break for our sponsors\\nThe first step to growing your wealth is tracking your wealth, income spending and everything else about your finances, you can start tracking your wealth for free and get six free months of wealth advisor.\\xa0 Learn more about Personal Capital at escapingwallstreet.com\\n\\nWhat is the best investment you've ever made other than your education?\\nStarting his own business, StackSource\\n\\nTim\\u2019s worst investments\\nQuitting early in a startup company called Lightrail\\n\\nWhat is the most important lesson you\\u2019ve learned in business and investing?\\nInvesting in the relationships of the people around you\\n\\n\\xa0\\nConnect with Tim Milazzo through StackSource.com or at Tim@stacksource.com\\n\\xa0\\nInvest passively in multiple commercial real estate assets such as apartments, self storage, medical facilities, hotels and more through https://www.passivewealthstrategy.com/crowdstreet/\\nParticipate directly in real estate investment loans on a fractional basis. Go to www.passivewealthstrategy.com/groundfloor/ and get ready to invest on your own terms.\\nJoin our Passive Investor Club for access to passive commercial real estate investment opportunities.\\nLEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode or click here to listen to our previous episodes\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\n\\xa0\\nTweetable Quotes:\\n\\u201cYou\\u2019re still not going to have relationships with 900 different lenders, but a fulltime dedicated company that has Capital Advisors can.\\u201d\\u2013 Tim Milazzo\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0 \\xa0\\xa0\\xa0\\xa0\\xa0\\xa0 \\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0 \\n\\u201cCompetition is the other key ingredient in this capital market. So, capital markets become more efficient, the more competition there is. \\u2013 Tim Milazzo\\n\\u201cContinue to invest, no matter where you're investing and what you're doing, in the relationships of the people around you.\\u201d \\u2013 Tim Millazo"