BiggerPockets

Biography of David “The Diamond” Oswald:

In addition to being a full time real estate investor, David Oswald, or “The Diamond” as he has come to be known, is also a licensed mortgage solicitor, life insurance producer and title insurance producer in the state of New Jersey. As a founding member and currently a consultant to MortgageNow, Inc., David first began his career in the mortgage industry in the early part of 2002 during the major refinance boom that lasted until 2004. “I remember when I first started in the mortgage business that I had three trainees who were able to cold call and pull me as many as four or five complete applications each per day,” he explains. “It was exciting to be able to pump up your pipeline with an additional ten or twelve apps a day.”

It was also during that time in 2002 that he bought his first piece of property. “I loved the mortgage industry,” he says, “but I knew that there was something about real estate that attracted me for the long run.”

From that point on, Oswald began to purchase rental properties, land lots, do short term loans for others and he experimented with some creative financing. He also began travelling throughout the country to increase his knowledge of real estate, taking boot camps on every subject matter including creative financing, lease options, land contracts, subject to financing, asset protection, property management and public speaking and building his own seminar company, Rivers of Income LLC.
Soon after, he started buying pre-foreclosure properties and focusing primarily on the wholesaling side of the business, working with as many as fifty to seventy properties at a time.

This brings up to now in 2008 where the 360 is just about complete. David is currently in the process of growing his wholesaling business and branding himself and his real estate companies on a national level through a busy seminar and speaking schedule. He now speaks on the topic of real estate himself in front of hundreds of people, does one on one mentoring for students, sells a core package of information regarding the foreclosure and short sale business and on top of that, he continues to run a very large pipeline of short sales for himself. “The Diamond” is speaking at as many as ten events per month and holds his all day seminar, “Short that Sale When the Market’s Stale” once per month.

On a personal note, David is a member of Evangel Church and considers his faith to be the most important aspect of his life. In addition, he enjoys long distance running, playing basketball and reading a few books per month. He is in the process of writing two books, a fictional novel based on his experiences in the mortgage industry and a book on building your business using biblical principles. He has already published an eBook “101 Ways to Outsource Your Life and Business,” which can be found at the website. For booking for speaking engagements or for mortgage or real estate business consulting, contact www.riversofincome.com. Remember, it’s “Your World, Your Way.”

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