All Forum Posts by: Derek Nemec

 Yes it implies a tax event, but utilizing the installment method would alleviate it? 

 I appreciate your feedback! Nonetheless, I do want to ensure a deal is possible and not 9 months down the line so trying to be creative is means for making it work not letting it go! I was thinking, if possible, a partial balloon payment due on 1/1/2025 in replacement of the down payment would be a good proactive structure that would suit us both, but never heard of that being done.

Hi there, I have a seller wanting to sell a fourplex and duplex but is trying to delay it till 2025 because of the capital gains she would accrue. Regardless, she is open to seller financing it over 30 years at 5%, but interesting enough she does not want to have to pay capital gains tax on the payments for this year or the down payment. How might I work around this and creatively structure it such that I can buy it this year and she doesn't have to pay tax on it until 2025? Any creative things you can think of? Thank you!! :D

Do you believe, with what data is available, that interest rates are expected to fall substantially enough (within the next 365 days) that it would simply make sense to wait instead of jumping in with such loan products due to their current high rates/PPP's?

who do u use for DSCR's and what rate did u receive if you don't mind me asking?

Hi there, currently looking into the DSCR (cashout refi) loan products, and I am trying to lean into a lender with the lowest possible rate/cost above all else. Here are some details: LTV approximately 70-75%, 740+ credit score, and 1.2+ ratio on the rental. I have a net worth of approx 1M and investing for about 5 years now.
What are rates looking like averaged out right now? I am seeing 7's, but not directly from lenders- Moreso from a quick google search. 

Your help is appreciated!!!

- Derek

Hello all!! I am a young savvy real estate investor/agent. 24 years old in south east Texas. I came up with an idea that nobody in my town seems to have thought of, or its prevented.

The idea: I am a realtor who happens to own 9 single family homes, and manages 4 others as a property manager. Its a smaller town (20,000-30,000 people) and I have strong roots/connections here. I thought it would be a good idea to post advertisement signs in the yards of each property I own, essentially giving my name even more exposure for potential clients. Signs would be generic, like “Use me as your realtor and get the best deal!!” etc. I would even offer a discount on rent to offset the eyesore the small sign the tenant’s may view it as. I was just thinking of y’alls thoughts on this idea, and why might others not be doing this? Thanks! 

Hi there BP! 

I am currently analyzing a deal and wanted your insight! The investment is 3 duplexes on one corner lot in town, all quite updated and nice
PITI currently sits at $4,275/mo. and the conservative rents at 100% occupancy would account for $6,300/mo.

is the PITI too high and makes it too risky or would you consider it to be a good number vs the rent at 100%? What do u suggest?