In this powerful new episode of The Padernacht Podcast, host Steven Padernacht sits down with Luis Omar Figueroa, Founder & CEO of HGRN Capital and one of New York’s leading voices in real estate investing and private lending. A Bronx native with deep roots in community empowerment, Omar brings a sharp, straightforward perspective on how everyday people — especially first-generation buyers and aspiring investors — can build wealth in today’s changing market.

Together, Steve and Omar break down the real fundamentals of qualifying for financing in 2025, whether you're buying a home, flipping a property, or scaling an investment portfolio:

✔️ How credit truly impacts your ability to borrow
 ✔️ What lenders look for when evaluating income — W2, 1099, or self-employed
 ✔️ Why assets and proper financial planning matter long before you apply

Omar shares insider insights from years of working with investors, explaining what underwriters look for, how hard-money financing works, and the biggest mistakes buyers make when preparing for a loan. He also talks about his mission to bring financial education and opportunities to underserved communities throughout New York City.

They also dive into:

 🏠 How to prepare 6–12 months ahead for approval
 📉 How over-deducting on taxes hurts self-employed borrowers
 🚗 Why car loans destroy debt-to-income ratios — and what to avoid
 📊 Where interest rates may be heading in 2025
 📈 Why a 5% rate environment could unlock massive buyer demand
 💼 What lenders actually focus on during pre-approval
 🏦 How investor financing differs from consumer mortgages

Throughout the episode, Steve and Omar keep the conversation real, practical, and full of actionable advice — the type of information buyers and investors rarely get access to. They also take a moment to send love and strength to Christian Babcock, a key part of the podcast’s early journey, who is currently recovering.

🎧 Tune in and learn how to approach homebuying and investing with clarity, confidence, and the right strategy — no matter where you are on your real-estate journey.

🔗 Connect With Luis Omar Figueroa
🌐 Website: https://askluisomar.com/about
🏢 HGRN Capital: https://theorg.com/org/hgrn-capital
💼 Hard Money Lending: https://www.thehinhardmoney.com/

🎙️ Host: Steven Padernacht
 🎥 Produced by: Cai Vision Productions

Subscribe to The Padernacht Podcast: Brick by Brick for more inspiring stories of real people overcoming obstacles, breaking barriers, and uplifting their communities — one brick at a time.