I've been laid off and have not been able to get financing

[Oscar Freiman]

Dear all,

As per the subject, I live in Houston, TX., would like to start investing in RE (SF, MF, etc.), but I am having difficulty getting financing because of my of my current employment situation. I have cash available, a good IRA balance (I'm 62), 10.7 acre lot I put in the market ($50K equity minus closing costs), and the equity in my current home (cannot refinance due to the same employment situation).

I would think that there may be ways to get financing, but I cannot find them. Do you have any suggestions you could share? Any successful stories of similar situations?

I'll appreciate your kind feedback.

Thank you very much.