Market indicators! - FHA limits - Fix-Flip opp - Secrets to getting a mtg

Mortgage and Lending with LX Financial LLC

Time to jump in, if you have not already? I see many investments with great cash-on-cash returns (there's one below). Good deals are still to be had, but rock bottom buying opportunities are dwindling, low rates, strong rental market, and now also an uptick in sales. The timing is right I think - P

Real estate stocks benefit from renewed interest
FORBES: Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Dow Jones U.S. Real Estate Index Fund (IYR) where we have detected an approximate $185.3 million dollar inflow - that's a 5.0% increase week over week in outstanding units (from 59,750,000 to 62,750,000). For a complete list of holdings, visit the IYR Holdings page. Read

Reminder: FHA loan limits to decline.
FHA loan limits will likely decline in 669 of the 3,334 counties that are eligible for FHA insurance, effective October 1, 2011. Read and check your location

Secrets to getting a mortgage
At a recent press conference, Federal Reserve Chairman Ben Bernanke said lending standards for mortgages have tightened so considerably that "the bottom third of people who might have qualified for a prime mortgage in terms of, say, FICO scores a few years ago -- cannot qualify today."  Can you afford to deal with anybody other than a seasoned mortgage professional?

Mortgage-secured fix and flip: 22% profit share,
plus 12% interest. Minimum investment: $10,000. Check the investment summary

Contact me


"Change your thoughts, and you can change the world"
Norman Vincent Peale





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Steve, Joel & Steve A. Chain
Chain Real Estate Investments & Mortgage, Steve & Joel Chain - Cottonwood, CA


I appreciate your insights. Investors are aggressively buying income producing properties. As you stated the rising rents are creating monthly cash flow, in many cases.

Have a great weekend,


Jul 09, 2011 12:23 PM #1
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Paul - Thank you for the detailed quality blog on FHA lower loan limits for many counties.

Jul 09, 2011 05:01 PM #2
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Paul Luykx

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