Todd Lubar, President of TDL Global Ventures, LLC, began his real estate career in 1995. He first worked with Crestar Mortgage Corporation, as a loan originator. In that position, he learned about mortgage banking. He developed relationships with real estate agents, financial planners, CPA’s, and insurance agents. Those contacts are now the foundation of a wonderful source of referral business. Combining his wonder at every aspect of the industry with his desire to help others, Mr. Lubar chose real estate as his career.
In 1999 Todd acquired an equity position with Legacy Financial Group. His lending capabilities grew, and he began brokering loans for outside investors. See, https://www.crunchbase.com/person/todd-lubar#/entity.
In 2002 Mr. Lubar opened a residential development company, Legendary Properties, LLC. He purchased, rehabilitated and sold more than 200 properties, including single-family homes and 20-unit multifamily properties. He established relationships with people in all aspects of the building trade. Through those relationships, he built relationships with banks and established lines of credit as high as 20 million dollars.
In 2003, Mr. Lubar opened Charter Funding, a subsidiary of First Magnus Financial Corporation. Charter is one of the largest privately held mortgage companies in the U.S. With this affiliation, Lubar expanded his business.
Next, he formed Legendary Financial, LLC, an affiliate of Legendary Properties, LLC, and a commercial lending source for companies and individuals.
More than 7,000 transactions helped Todd to develop his analytical abilities. He could analyze the overall risks in nearly any loan scenario and make correct choices based mainly on market conditions.
Todd expanded into other businesses when the mortgage industry began to change in 2007 and 2008. His new ventures included commercial demolition, in which he won large contracts with big general contractors. He also entered the automotive scrap metal recycling business.
Todd Lubar resides in Bethesda, Maryland. He is the father of two lovely children. He loves his kids, traveling, and Orange County, CA. He plans to be a better person each day and to add value to all that he contacts. Check out his personal website at toddlubar.com.
SWball February 9, 2017
Posted In: Good Investment