All Forum Posts by: Zack Wengert

Bulk of repairs are heating/AC

@Nicholas Covington it's a conventional load under an owner occupy.

Hi all. Somewhat new to bigger pockets as well as rei. I currently house hack a duplex in the Ft Worth area and it is going great! I'm currently in negotiations on a fourplex that is also on the Ft Wortg area and would like hear what other thought of the deal. Here's in the info.

Cost: 350k

Current Rents: 3200

Market Rents: 3600

20% down ($70k)

Closing costs: $7k (paying more points for better interest rate)

Interest Rate: 4%

Estimated Mortgage: 2030

Property is built in 80's and would likely need new ac and heating equipment installed. I have access to an inspection and I estimate it would cost $40k in eventual repairs.

Been tossing and turning this one for a while now. Seller won't go any lower than $350. Any help is much appreciated!!

Hi all. Somewhat new to bigger pockets as well as rei. I currently house hack a duplex in the Ft Worth area and it is going great! I'm currently in negotiations on a fourplex that is also on the Ft Wortg area and would like hear what other thought of the deal. Here's in the info.

Cost: 350k

Current Rents: 3200

Market Rents: 3600

20% down ($70k)

Closing costs: $7k (paying more points for better interest rate)

Interest Rate: 4%

Estimated Mortgate: 2030

Property is built in 80's and would likely need new ac and heating equipment installed. I have access to an inspection and I estimate it would cost $40k in eventual repairs.

Been tossing and turning this one for a while now. Seller won't go any lower than $350. Any help is much appreciated!!

New to the DFW area and REI. Currently looking for a real estate broker that has knowledge on the multi-family side of things. I would like to use the BRRRR strategy in this market. Currently working from home which allows time to rehab myself and live where needed in the metroplex.

Any suggestions?

I'll check him out. Thanks!

New to the forum as well as real estate investing. Does anyone have any recommendations for local agents or firms here in Vegas? I'd like to work with someone who invests in real estate themselves. Thanks!