Real Estate Underground
Real Estate Underground
Ed Mathews
123% Leverage and the Crash That Changed Everything with Joel Kraut
52 minutes Posted Apr 14, 2026 at 4:00 pm.
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Joel Kraut co-founded BRRRR Loans after losing $4.2 million in the 2008 crash. He had 144 properties at over 100% leverage when the market turned. Five tenants called the same day to say they couldn't pay rent. Today he runs one of the country's fastest-growing private lending shops, and he sees the DSCR lending industry doubling in size over the next three years. In this episode, Joel and Ed break down: - Why investors are rotating from Texas and Florida to Ohio, Kentucky, and the Midwes...