Todd Lubar growth in the real estate business
In 2003, Todd Lubar founded the Charter Funding which was a subsidiary of First Magnus Financial Corporation. It is one of the biggest private mortgage firms in the United States. Affiliation to such a big company enabled Todd to expand his own business due to a large number of products and programs at his disposal. By this time, Todd Lubar had served for about 12 years in the industry. However, he realized a business gap that existed in the market. There was a section of underserved clients. He formed Legendary Financial LLC an affiliate of Legendary Properties LLC. His intention was to use the liquidity of the Legendary properties as well as his own funds to help the market borrowers who in normal circumstances would be left out by the traditional lenders.
With this firm, he was able to see through over 7000 transactions. This allowed him to hone his skills in matters lending. He was in a position to scrutinize every loan application that was presented to him and assess its viability with ease and made the appropriate decision. During the great economic recession of 2008, Todd Lubar did not just hold on to the real estate business which was adversely affected, he went to other business ventures in commercial demolition.
On Geeks News, Todd takes time to answer some questions about his life and here is what he has to say. It is always tough for him to balance between business and family time. He says that despite all his busy life he must always make good time allocation both for his family as well as the business. Todd Lubar attributes his success to hard work. He always wants to know every detail of whatever is going on his business. Only then can he be able to learn the areas that need perfection and make the appropriate decision. Todd Lubar says that his most satisfied when he is able to see a client get the assistance that he needed. He loves to see businesses that he has supported from scratch grow to become huge thriving businesses.
Currently, Todd Lubar is the President of TDL Global Ventures. Todd lives in Bethesda, Maryland. He is a father of two. His dream is to always be in a position to make a positive impact in the lives of people he meets.