Todd Lubar is one of the most successful real estate entrepreneurs in the country. He got into real estate in 1995, and in the past 22 years, he has managed to move from an entry level realtor to the owner of a real estate investment portfolio worth millions of dollars. Todd Lubar was finance major at the University; naturally, people expected that when he graduated, he would be getting into the world of finance. This is actually what he tried for a while before he realized that he had a passion for real estate.
Todd Lubar states that starting out in real estate was not easy for him. His biggest challenge was getting the capital he would have needed to start investing. Todd decided that he would start by creating connections with players in the business. This was a smart move because the contacts which he got from realtors, real estate attorneys, and CPAs helped him when he decided to start his referral business.
The other business that he had always set his heart on was the mortgage. Todd had realized that there was a gap in the industry, in that people who did not have the conventionally healthy credit scores had little to no chance of getting a mortgage. He decided that he was going to create a lending platform that would enable these people to access mortgages. Magnus Financial Corp helped him get the funding that he needed for these clients. To date, Todd boasts to have helped more than 7,000 Americans who might have never qualified for a mortgage before own homes.
For many years, Todd has been ranked among the top 25 mortgage originators in the country, see crunchbase.com. He has worked in diverse conditions for many years, which has given him a lot of experience in various aspects of entrepreneurship. Other businesses that he had ventured into include a demolition business and recycling business. He once owned a nightclub too. He currently lives in Bethesda Maryland with his wife and children. The journey Todd has taken to success in real estate investing is an inspiration to many people who want to venture into business.