Lending and learning with Huber Bongolan

Join Steve and Huber Bongolan, Director of Capital Markets at StackSource, as they discuss loan strategies, current market trends, and continuous learning. Huber shares that his parents have talked about passive income and using real estate residential homes to accomplish it since he was young. So he joined a residential finance brokerage to teach him everything it took to buy a house so that he could start buying these properties as passive income for himself. After accomplishing this, he ventured into commercial real estate and learned about cap rates through a Master’s degree. Next, he got a role at a commercial real estate finance firm that specializes in capital markets brokerage. He then transitioned to a startup called StackSource, where they introduce technology to financing your commercial real estate deal. There is more to unpack in this episode, so make sure to get your notes ready! 

 

About StackSource 

 

StackSource is the best way to obtain a commercial real estate loan (commercial mortgage). StackSource connects borrowers and lenders seeking all commercial loan types, including bridge loans and permanent. With a growing network of hundreds of lending relationships, StackSource gives borrowers access to the full range of available loan programs and finds the best match. Learn more about StackSource Loan Programs or start your Loan Request to find the right loan. Loan size $500,000 and up. 

 

Outline of the episode:  

 

• [00:01] Intro 
• [01:08] Huber’s impressive resume 
• [05:54] What are the significant challenges he sees now for investors? 
• [07:48] Current Challenges for investors 
• [10:15] Opportunities with people that have maturity dates on their loans 
• [14:12] Capital Market Division 
• [17:41] Moving to more value add strategies 
• [23:08] Follow the money, follow the jobs 
• [25:41] Why are people reluctant to invest outside their backyard? 
• [30:33] What is next for StackSource? 
• [32:41] Fire round 

 

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