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David Podgursky Boynton Beach Realtor

Archives for the ‘Mortgage / Finance’ Category

Real Estate Investment - Gross Rent Multiplier Formula

By David A. Podgursky • Apr 25th, 2008 • Category: Commercial Mortgages, Featured Articles, Investor Info

When deciding on a purchasing a Real Estate Investment there are several major factors to discuss.

One of them is Asset Class… you may want to invest in Apartments, Industrial/Warehouse Properties, Office Buildings or any number of other types of properties.

When you finally decide on what you are going to buy, you need to be able to do the financial analysis to figure out if the property you are buying has positive investment potential. That means that it is priced right and it cash flows.

If you are interested in Multifamily Properties … otherwise known as Apartments… then one formula you may use to analyze properties is called the Gross Rent Multiplier Formula.



Short Sales - when you do NOT need one!

By David A. Podgursky • Apr 12th, 2008 • Category: Short Sales

“Short Sales” is the hot catch phase these days in Florida. Everyone in Real Estate and Mortgages talks about them… and for different reasons.
As a Florida Mortgage Professional, I get calls and emails all the time from worried homeowners wondering if they should start Short Sale Proceedings.
There are a few ways to decide whether […]



Short Sales - Where Does the Rest of the Money Go??

By David A. Podgursky • Apr 10th, 2008 • Category: Short Sales

Thinking about a Short Sale got you frustrated?
One common question that comes up quite often in discussing Short Sales with people who call me with questions is:
If my Mortgage is for $150,000 and the Short Sale is for $100,000, what happens to the $50,000??
Well… good question. Believe it or not if you structure the Short […]



Investment Properties should CASH FLOW

By David A. Podgursky • Mar 31st, 2008 • Category: Commercial Mortgages, Condo Hotel, Foreign National, Investor Info

A fundamental of buying Real Estate as an Investment is CASH FLOW.  
Despite the profitable years of “Buy and Flip“, during our current Real Estate Economy, “Buy and Hold” is what investors need to be prepared for… which means that somehow these properties need to pay for themselves while the Investor holds onto them.
Whether you […]



Equity Lines being Frozen

By David A. Podgursky • Mar 27th, 2008 • Category: Home Equity Line, Residential Mortgages, South Florida Info

If you are a homeowner with a Home Equity Line (HELOC) in Florida you surely know that Bank of America and other banks are freezing  or shrinking your available funds.
In a response to the market drop and shareholder pressure, Banks have decided that the need to keep a handle on the extra debt that they […]