All Forum Posts by: Arthur Voskanyan

So in terms of contacting a commercial lender, are he rates and loan type usually follow the same principle as regular home conventional loans? Thank you thus far

Is buying a large MultiFamily Apartment complex of like 12+ units a good investment, I’m in SD area, and also it’s near a university, a class C, occupancy at 100% as states. I was wondering is there any way an investor/buyer can view past history operating income, profits, based on a financial report, tax reports from previous owner? Is all that information is to legally obtain from the owner? Also, how are banks with loaning/financing a large MF residential building? Same as buying one unit, same conventional loans apply, with same rates? Thank you, Arthur Voskanyan

Hey Dan, So you are saying financing a large MF of (10+units) apartment building is a bad investment for cash flow? Even if it’s a class B or A structure? I’m considering buying a full residential apartment building? Also can you do seller financing each unit you own in your complex you own?

How does zoning work?

Can you buy a commercial building that is a like a restaurant type and convert it to a residential building or should you just look for a residential apartment complex right away? Is there a way you can redemo it? Demolition and then make it a residential or will you spend too much reconstructing the property and just buy residential right away?

Manlo,

Relax, it’s called general knowledge. Knowledge is power. It doesn’t matter what applies where, the more you know, the better for yourself. So what if I decide to move to Arkansas or Texas, whatever answer is given to me, I can learn from that. Open your mind.

Thank you Joseph, I’m not biased towards San Diego, I’m interested in L.A market as well, and familiar with it, but yes, cash flow is tough in SoCal period. Are there any good spots for a potential BRRR strategy in LA?

Can one elaborate on each type of real estate property and its perks/benefits for investing benefits? For example, there is duplex, fourplex, MFH, SFH, what is the best for positive cash flow? What is the best for house hacking? Can one explain by category each type of property and why one would beneficial to invest in? More specifically on the structure of the property?

Are there special tax brackets for vacation rentals? For example if you do AirBnB, do you pay higher income taxes for a vacation rental because it’s considered self-employment mini-hotel business? And also, if it’s a long-term rent is it taxes regularly based on your general income? Like if I have W2’s and also made $30,000 extra from long term rent, It will be combined with the extra W2 income and that will be my total income? Thank you, Arthur Voskanyan

Does the type of sale, whether, short sale, foreclosure, owner owned, depict if the price of the property can be negotiated? For example, can you get a better deal depending if the property was a short sale? Or it really doesn’t matter? Thank you.