All Forum Posts by: Edgar Rodriguez

Yes sir, 6 doors un Council Bluffs and 1 in Los Angeles CA. Now I need to find a way to get financing for future homes since my DTI is high.

Great, I purchased it with tenants. 1 of the tenants left and I remodeled the unit. New everything from, flooring, paint, light fixtures, bathtub, ac unit and refinished the kitchen cabinets and countertops. I raised the rent and attracted great tenants that have not been late once. Thank you for asking. Just closed on my 7th door in 1 year and 2 months. 

Hello all, I need some help in setting up my LLC. I invest in Council Bluffs Iowa but live in Los Angeles Ca. Any help will be appreciated.

Conventional under my Personal name, havent created an llc yet. 

👍. Thank you. Making a note of it. 

@Guifre Mora thank you very much. I am learning now. So my next deal I would have to negotiate the price more rather than closing cost.

So I am buying my 2nd investment property. It is a sfh in Council Bluffs Iowa. I made and offer asking for 5% closing costs from seller. Well we are a week from closing now and my lender just told me that towards an investment property the seller can only give me 2%. I already made the deal, how would you handle this? Has anyone had this problem before?

@Bill Hampton Thank you, i am going to look into that. Soo many questions this year.

Yes thank you, I have been trying to Network with members in omaha and Iowa but its kinda hard being in California. But I will keep trying. Thanks again

Howdy, I need help finding a good CPA in the Pico Rivera, CA area. This year has been hard on me as I battled in the hospital for almost 3 months with gallstones and A liver infection, but I am still planning to invest in more multifamily homes in 2020. I have to be able to show good income and not sure how much to write off this year since its my first year in REI.