Y2 Lending

How I Make $7K Average Monthly Revenue As A Real-Estate Lender

May 10th, 2023
Eugene Nilus
Founder, Y2 Lending
$7K
revenue/mo
1
Founders
0
Employees
Y2 Lending
from San Francisco
started October 2022
$7,000
revenue/mo
1
Founders
0
Employees
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Hello! Who are you and what business did you start?

My name is Eugene Nilus and I am a real estate lender and investor. One of the primary businesses I run in real estate is a private and hard money lending business.

As of right now, I offer a few different short-term products that are tailored towards real estate investors and wholesalers, such as: Fix and Flip funding, 30-day GAP funding, transactional funding, and EMD (Earnest Money Deposit) funding.

I officially opened my bank, Y2 Lending LLC about 6 months ago, and currently, I am making anywhere between $6,000-$9,000 a month by moving the money and keeping its high velocity.

y2-lending

What's your backstory and how did you come up with the idea?

I’ve been working in the tech industry for more than 20 years and got laid off in the summer of 2022. I’ve been laid off before but this felt different. I...

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