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All Forum Posts by: Oscar Freiman

Oscar Freiman has started 10 posts and replied 23 times.

Post: Suggestions to obtain property leads

Oscar FreimanPosted
  • Account Manager
  • Cypress, TX
  • Posts 23
  • Votes 2

@Sherman Ragland, @Ethan Summers thank you very much for the detailed response and for taking the time to share your ideas and practices.

Post: Suggestions to obtain property leads

Oscar FreimanPosted
  • Account Manager
  • Cypress, TX
  • Posts 23
  • Votes 2

Dear all,

I would appreciate if you could share your experience on how to start, and if possible automate, lead generation for motivated sellers, as well as property buyers.

Thank you.

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

Oscar FreimanPosted
  • Account Manager
  • Cypress, TX
  • Posts 23
  • Votes 2

Thank everyone for your responses. These are great ideas.

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

Oscar FreimanPosted
  • Account Manager
  • Cypress, TX
  • Posts 23
  • Votes 2

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.

Post: Using my IRA

Oscar FreimanPosted
  • Account Manager
  • Cypress, TX
  • Posts 23
  • Votes 2

@Brian Adams; @CarlFisher

Thank you very much.

Post: Using my IRA

Oscar FreimanPosted
  • Account Manager
  • Cypress, TX
  • Posts 23
  • Votes 2

@Brett Laycock and @Trevor Ewen, thank you for your advice. I am 62 and since IRA's are not performing that good, I was thinking per my questions. I guess it is a matter of paying taxes now or later.

Post: Using my IRA

Oscar FreimanPosted
  • Account Manager
  • Cypress, TX
  • Posts 23
  • Votes 2

Dear all, I need money to start investing, and the only source of cash is my IRA. So, if I want to use the investment cash flow to make my living, is the only option available to cash a portion of my IRA and pay the corresponding taxes at the time? I do not believe I can do it with a SDIRA since the cash flow will have to be re-invested in the SDIRA and would not be available unless I pay regular taxes.

I'll appreciate your expert opinion.

Thank you for your feedback.

Post: Single Family vs. Multifamily

Oscar FreimanPosted
  • Account Manager
  • Cypress, TX
  • Posts 23
  • Votes 2

What is a better way to start in REI, SF or MF?

Post: Recourse vs. Non-Recourse Lending

Oscar FreimanPosted
  • Account Manager
  • Cypress, TX
  • Posts 23
  • Votes 2

Thank you @Mark Nolan

Post: Recourse vs. Non-Recourse Lending

Oscar FreimanPosted
  • Account Manager
  • Cypress, TX
  • Posts 23
  • Votes 2

Thank you @Account Closed