Todd Lubar is the President of TDL Global Ventures LLC, reveals richardpreisigjr.blogspot.com He ventured into the lucrative real estate industry in 1995. Todd started as a loan originator. During that period, he was working for Crestar Mortgage Corporation. Lubar gained in depth knowledge on conservative mortgage banking. While at Crestar Mortgage Corporation, Todd had a chance to build relationships with experts in the real estate and mortgage banking industries. Today, these individuals are a significant part of Todd’s referral business. In 1999, Todd secured an equity position at Legacy Financial Group. This opportunity gave him a platform to expand his lending capabilities. He was able to lend loans directly as a mortgage bank and broker to outside investors.
The experience that he had gained from the two firms proved to be invaluable when he decided to establish his own residential development company, Legendary Properties, LLC. The new firm played an instrumental role in facilitating the rapid progress of acquiring, rehabilitating, selling and commercializing over 200 deals that included residential properties of all nature. Through Legendary Properties, Todd was able to interact with building trade professionals. He managed to enlist their services to develop different properties. In addition, Todd’s established close working relationships with major banking facilities where he was able to establish credit lines of up to $20 million.
Striving to take his career in real estate a notch higher, Mr. Lubar founded Charter Funding, which is a division of First Magnus Financial Corporation. This Corporation is one of the largest private mortgage companies in the US. Through Charter Funding, Todd Lubar was able to grow his business given the availability of products and programs. With 12 years in the industry, Todd had acquired a wealth of experience that helped him identify a niche of undeserved clients. He established Legendary Financial LLC, a subsidiary of Legendary Properties LLC. The firm was able to lend loans to both individuals and companies. Todd uses the liquidity of Legendary Properties and his own money to fund a market of borrowers. Most of them are not eligible for traditional lending sources. Through Legendary Financial LLC, Todd was able to complete over 7,000 transactions. Later, the mortgage industry started experiencing major changes. During this period, Todd engaged in the commercial demolition business and recycling of scrap metal.
For more info, visit toddlubar.com.