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

By
Real Estate Mortgage Broker 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
 


                        

 

 

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the truck to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Topic:
ActiveRain Community
Location:
New Jersey Burlington County
Tags:
flip
flip investing
flip financing
foreclosure
foreclosure investing
fix and flip

Comments 2 New Comment

Anonymous
Post a Comment
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the tshirt to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Rainmaker
562,448
Steve, Joel & Steve A. Chain
Chain Real Estate Investments & Mortgage, Steve & Joel Chain

Paul,

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,

Steve

July 09, 2011 07:23 PM
Rainmaker
1,079,639
John Pusa
Your All Time Realtor With Exceptional Service
Sellstate Pacific Realty

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

July 10, 2011 12:01 AM
Anonymous
Post a Comment
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the house to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Rainmaker
51,608

Paul Luykx

Ask me a question
*
*
*
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the clock to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Additional Information

Mortgage financing news and topics, and meaningful advice for real estate professionals and consumers.