Our recent economic climate has created the perfect opportunity to acquire undervalued properties, and no one knows this better than Solomon Suleymanov.
Solomon is a real estate investor turned private lender who transitioned in order to offer better capital solutions for real estate investors.
Once Solomon realized that lenders consistently made profit, he decided to make the shift from fixing and flipping properties to private lending and co-founded We Lend, a tech-based private lending platform that’s revolutionizing the industry.
In this episode, Solomon will be discussing his professional transition, how his company We Lend is constantly adapting to the market, the importance of liquidity and flexibility in both real estate and lending, and more.
Let’s dive in.
Key Takeaways:
- 00:00 Intro
- 01:55 Solomon’s first ever dollar
- 05:04 The evolution of the private money lending space
- 11:52 Partnering with warehouse lines of credit
- 19:20 How long are private lender loans out on the street?
- 22:53 2008 vs now
- 27:59 Solomon’s top five investing tips
- 34:01 Outro
Additional resources:
➡️ Reach out to Solomon Suleymanov:
• Website: https://www.welendllc.com/
• LinkedIn: https://www.linkedin.com/in/solomon-suleymanov-86b695102/
➡️ Visit https://reedgoossens.com/ and:
• Invest passively in multifamily real estate
• Get FREE access to my 100% Passive Real Estate Investment Masterclass
• Take a look at my portfolio
• Get FREE multifamily real estate resources
➡️ Follow me on social media:
• LinkedIn: https://www.linkedin.com/in/reed-goossens-b2a6a933/
• Instagram: https://www.instagram.com/reedgoossens/
• Facebook: https://www.facebook.com/reed.goossens/
➡️ Subscribe to my podcast:
• YouTube: @ReedGoossensREI
• Apple: https://apple.co/44MiDN7
• Spotify: https://spoti.fi/45fVIcR
• Stitcher: https://bit.ly/3OHHJqJ
• Soundcloud: https://soundcloud.com/investing-in-the-us
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Investing in the U.S. is a podcast for real estate investors and entrepreneurs who want to break into the U.S. market and grow their wealth!
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