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☆ A mortgage advisor shares how to get the 3.5% down payment on an FHA loan fully covered — and the 3 best strategies real-estate investors can use to maximize leverage from government loans
▼ + stars: | 2024-05-02 | by ( William Edwards | ) www.businessinsider.com time to read: +5 min

This was achieved by allowing first-time buyers to purchase a home with a smaller down payment — as low as 3.5%. The program is still around, and it's often a great way for real-estate investors to get started. Advertisement3 ways to make the most of government loan programsWelgan also shared two strategies that real-estate investors can use to maximize the leverage offered through government loans. Buyers can now purchase up to a four-unit property with a down payment of as little as 5%. "That's been a game changer for real-estate investors," Welgan said.

Persons: —, Jeff Welgan, Fannie Mae, Buyers, Welgan, Fannie Mae's, That's, ADUs, Dave Meyer, Fannie, I've Organizations: Service, Act, Business, Federal National Mortgage Association, Mortgage, Urban Locations: Los Angeles County , California, Michigan, California

☆ A certified financial planner shares 4 things new real-estate investors should do before they buy their first property — including 2 budgeting strategies for building up savings
▼ + stars: | 2024-02-28 | by ( William Edwards | ) www.businessinsider.com time to read: +5 min

Getting into real-estate investing for the first time can be a scary thing. But according to Kyle Mast, a certified financial planner, preparation can help mitigate fear when buying your first property. Establish a visionThe first is to develop a vision and a goal for where you want to go with real-estate investing and what you hope to achieve with it. The bigger this number is, the better position you are in to both secure a lower mortgage rate and weather any real-estate investing storms. "I would say one of the best things you can do is if you know somebody that does real-estate investing, buy them coffee, and just talk to them about it and see what they did."

Persons: Kyle Mast, Mast, you've, Dave Meyer, It's

☆ Jennifer Lopez's painful breakup with Ben Affleck inspired the 'heart factory' scene in the singer's new movie, director says
▼ + stars: | 2024-02-17 | by ( Callie Ahlgrim | ) www.businessinsider.com time to read: +5 min

Read previewJennifer Lopez's new musical film "This Is Me…Now: A Love Story" contains many allusions to Ben Affleck, including a cameo from the actor himself. "Their first breakup was very, very heavy on her," Meyers told Business Insider. Jennifer Lopez and Ben Affleck attend the "Gigli" premiere in 2003. "Our relationship crumbled under the weight of the pressure," Lopez told Variety. "I've been on this journey, and I've been trying to figure it out," Lopez told Variety.

Persons: —, Jennifer Lopez's, Ben Affleck, Lopez, Dave Meyers, Meyers, Affleck, Jennifer Lopez, Jeff Kravitz, Jen, You've, Jen's, Variety, he'd, Ben Pt, Ben, I've, we're Organizations: Service, Business, Variety

☆ Ben Affleck is unrecognizable during his cameo in Jennifer Lopez's new movie
▼ + stars: | 2024-02-16 | by ( Callie Ahlgrim | ) www.businessinsider.com time to read: +3 min

Read previewBen Affleck is one of many celebrity guest stars in Jennifer Lopez's new musical film "This Is Me…Now: A Love Story." Affleck is in the driver's seat while Lopez clings from behind, but his face is never shown onscreen. Ben Affleck and Jennifer Lopez costarred in the 2003 film "Gigli." Affleck and Lopez dated in the early aughts and got engaged in 2002, but broke up in 2003 just three days before their wedding. "This Is Me…Now: A Love Story" is a surreal retelling of Lopez's journey in the interim, including her tumultuous dating life.

Persons: —, Ben Affleck, Jennifer Lopez's, Jane Fonda, Keke Palmer, Rex Stone, Stone, Affleck, Lopez, they're, Jennifer Lopez costarred, Dave Meyers, Lopez's, Sean, Diddy, Combs, Marc Anthony, Alex Rodriguez, Meyers Organizations: Service, Business, Sony, Variety

☆ J.Lo's director breaks down the wildest details in 'This Is Me...Now,' from casting actors as her exes to that cameo-laden 'zodiac council'
▼ + stars: | 2024-02-16 | by ( Callie Ahlgrim | ) www.businessinsider.com time to read: +11 min

For Meyers, Lopez's "emotional journey" is the connective thread, transforming a series of eclectic events into a complete story arc. Later, Jane Fonda (Sagittarius) compares Lopez's love life to a 4 a.m. "Vanderpump Rules" marathon. AdvertisementIn this scene, Lopez ties the knot with three different men at identical wedding ceremonies. In fact, Meyers said he and Lopez were careful to cast actors who didn't "accidentally depict" a real person from Lopez's life. She's unapologetic about what she's been through, and she's very happy where she is now."

Persons: —, Jennifer Lopez, She's, Shakira, Ben Affleck, Dave Meyers, Lopez, Ja, Pink Floyd, Jen, Fat Joe, Meyers, Variety, Affleck, couldn't, You've, Jen's, we're, Keke Palmer, Malone, Leo, Jane Fonda, Trevor Noah, Libra, Neil deGrasse Tyson, " Meyers, there's, scoff, They're, Tony Bellissimo, Derek Hough, Trevor Jackson, she's Organizations: Service, Super, Business, Zodiac Council, Zodiac, Love AA Locations: Bolivia

☆ 3 ways real-estate investors can sidestep high mortgage rates when buying a new rental property, according to BiggerPockets' housing market expert
▼ + stars: | 2024-02-02 | by ( William Edwards | ) www.businessinsider.com time to read: +3 min

While 30-year mortgage rates have come down by more than a full percent to around 6.6%, they're still significantly more elevated than their 2021 low of less than 3%. Lower mortgage rates mean higher cash flows and a higher likelihood for appreciation, which is good for strategies like flipping. But there are ways for real-estate investors to get around higher rates, Meyer says. This means asking the seller if they can provide a cash payment that effectively lowers mortgage rates for the first few years of ownership. Given that rising mortgage rates have largely killed demand in the housing market, buyers have had more success recently getting deal-sweeteners like rate-buydowns, according to research from Redfin.

Persons: they're, Dave Meyer —, —, Molly Grace, Meyer, Welborn Organizations: Business

☆ A real-estate investing expert shares 5 affordable cities where rental properties deliver excellent cash flow — including 3 with median prices under $180,000
▼ + stars: | 2024-01-31 | by ( William Edwards | ) www.businessinsider.com time to read: +1 min

BiggerPockets' Dave Meyer recently shared 5 cities great for generating cash flow through real-estate investing. Meyer said their affordable home prices and low price-to-rent ratios make them attractive. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Amid one of the least affordable environments in decades — thanks to eye-popping home price appreciation over the last few years and surging mortgage rates — buyers are increasingly looking for more affordable markets, Meyer said.

Persons: BiggerPockets, Dave Meyer, Meyer, — Organizations: Service, Midwest, Business Locations: Toledo , Milwaukee, Cleveland, Cincinnati, Indianapolis, New York, Miami, Los Angeles, San Francisco, Seattle

☆ BiggerPockets' housing guru shares his top 4 real-estate investing strategies for today's market — including why investors should seriously consider building a new property
▼ + stars: | 2024-01-25 | by ( William Edwards | ) www.businessinsider.com time to read: +4 min

Home-price appreciation has also slowed — and in many cities turned negative — making strategies like flipping much less viable. 4 ways to build wealth in today's marketIn an interview with Business Insider on Wednesday, Meyer listed four strategies real-estate investors should consider at the moment. With rates high and deals harder to find in the market, investors could find returns by lending out their own money to other investors. "There's very little supply on the market right for existing homes. Rates on 30-year fixed-rate mortgages are around 7% right now, and Meyer expects rates to stay between 6-7% in the near-future.

Persons: Dave Meyer, Meyer, Redfin Organizations: Business, Rocket Mortgage, Builders, Federal Locations: BiggerPockets

☆ No one can figure out what is going on in the trailer for Jennifer Lopez's new Amazon movie
▼ + stars: | 2024-01-18 | by ( Ayomikun Adekaiyero | ) www.businessinsider.com time to read: +4 min

Jennifer Lopez dropped the trailer for her new movie "This Is Me...Now: A Love Story" on Wednesday. Here's what we know about Lopez's "musical, cinematic experience." AdvertisementThe trailer for Jennifer Lopez's upcoming Amazon Prime Video movie — or at least, we think it's a movie — has baffled the internet. — Pearl Boshomane (@Pearloysias) January 18, 2024Me after watching Jennifer Lopez’s new movie trailer pic.twitter.com/Xe1RUoINWy — Cote (@notcodyitscote) January 17, 2024The main source of the confusion is that the film appears to span multiple genres. This doesn’t just look like a visual album it looks like a fully fledged movie musical?!

Persons: Jennifer Lopez, —, Jennifer Lopez's, Lopez, Ben Affleck, I'm, I’m, 6qUxFe4Aex —, Pearl, Jennifer Lopez’s, — Cote, Marc Anthony, Cris Judd, Ojani Noa, Lope, Lope z, Lope z 's "hea Organizations: Service, Prime, Twitter, isu Locations: PAU

☆ 3 cities with opportunities 'hiding in plain sight': A housing expert says it's probably a good time to buy the dip in these markets as prices plummet while populations and wages surge
▼ + stars: | 2023-09-13 | by ( William Edwards | ) www.businessinsider.com time to read: +3 min

In a recent video, he highlighted three cities where prices are still a decent way off their highs despite favorable fundamentals like wage growth and population growth. When it comes to population growth, Austin grew by 2.7% between 2021 and 2022, according to Census Bureau data. The list incorporates cities seeing economic and population growth. Both wage and population growth are theoretically supportive of home prices as they support demand. "This means all three markets SHOULD be primed for home prices to increase, BUT sellers are still dropping prices.

Persons: Dave Meyer, Shutterstock, Meyer, there's, Austin, Phoenix, bode Organizations: National Association of Realtors Locations: Phoenix , Arizona, Austin , Texas, Provo , Utah, Austin, Provo, West, Phoenix, Utah County

☆ Photos capture US special operators landing one of the Air Force's biggest planes on a Wyoming highway
▼ + stars: | 2023-05-04 | by ( Jake Epstein | ) www.businessinsider.com time to read: +4 min

The event helped train the Air Force to use roads in case runways aren't an option. But that didn't stop the US Air Force from using the roads to land several aircraft — including one of its biggest planes. An MQ-9 Reaper with the 2nd Special Operations Squadron lands on Highway 287 during Exercise Agile Chariot near Rawlins, Wyoming, April 30, 2023. Air Force planes — including the MC-130J and Warthog — have landed on stretches of highway in recent years in places like Michigan, Latvia, and Sweden. And the Air Force Special Operations Command has even explored modifications to the MC-130J to allow it to land in water.

☆ A real estate investor who owns over 1,000 units and retired at age 36 shares the 5 pillars that drive wealth in real estate — and explains how investors can combine them to compound their income and
▼ + stars: | 2023-03-10 | by ( Lisa Kailai Han | ) www.businessinsider.com time to read: +10 min

Allred successfully combined the 5 drivers of real estate wealth to scale his portfolio. These 5 pillars include using tax depreciation benefits to maximize the time value of money. Today, Allred has grown his real estate portfolio to ownership in over 1,250 units across 30 different properties in 15 states, including the real estate syndications for which he is a general partner, according to documentation verified by Insider. Pillar 5: LeverageAs someone who was raised to fear debt, Allred has since come a long way in understanding the difference between bad debt and good debt. Generally speaking, for every $1 that I invest in real estate, $3 is provided by somebody else or by a lender.

☆ Real-estate investing in a down market: Strategies to use, how far home prices will fall, cities where prices are falling the most, which markets to invest in, and more
▼ + stars: | 2023-02-09 | by ( William Edwards | ) www.businessinsider.com time to read: +6 min

That's bad news for current real-estate investors, and probably good news for prospective ones. On the other hand, it's potentially good news for prospective real-estate investors who have been sitting on the sidelines waiting for better deals. Below is a list of Insider stories to help navigate the current real-estate investing landscape as prices fall. They see US home prices falling another 6% in 2023, putting peak-to-trough declines at around 10%. Justin Sullivan / Getty ImagesOne of the most common financing strategies real-estate investors use to build up a portfolio is the BRRRR method: buy, rehab, rent, refinance, repeat.

☆ 10 smart real-estate investing strategies to follow now as nationwide home prices begin falling, according to a housing industry guru and investor
▼ + stars: | 2023-02-07 | by ( Lisa Kailai Han | William Edwards | ) www.businessinsider.com time to read: +7 min

BiggerPockets' Dave Meyer predicts a year ripe with uncertainty for the real estate sector. Real estate investor and expert Dave Meyer has good news: national home prices are due for a decline in 2023. But alongside the coming correction, Meyer warned investors that the real estate sector will also include its fair share of obstacles and volatility this year. What's more, there's no one-size-fits-all approach to real estate investing, since housing markets are highly diverged between regions. Homebuyers need to stay calmIn addition to those three pieces of advice, Meyer shared seven more real estate investing strategies to consider this year in his 2023 real estate market outlook report.

☆ Stocks are getting a boost from a key indicator that's been a reliable sign of more gains to come
▼ + stars: | 2023-02-03 | by ( Phil Rosen | ) www.businessinsider.com time to read: +5 min

In case you missed it, the European Central Bank Thursday made a half-point interest rate hike, marking its fifth consecutive move as part of its inflation-fighting efforts. Speaking of rates, today we're going over a key economic indicator that suggests more upside ahead for stocks. Ever since the Fed started tightening policy last March, the stock market has been highly susceptible to interest-rate volatility. Specifically, the MOVE Index — which measures volatility of US Treasury yields — has dipped to lows that haven't been seen since the Fed's first rate hike of this cycle. This means potentially smaller swings in the stock market as highly rate-sensitive equities get some relief after big rate moves battered indexes in 2022.

☆ How to pinpoint the housing markets most set to decline in 2023 — and why real estate in the most expensive cities could fall 30%
▼ + stars: | 2023-02-02 | by ( Lisa Kailai Han | ) www.businessinsider.com time to read: +5 min

BiggerPockets' Dave Meyers forecasts national housing prices will come down in 2023. Low interest rates, easy money, and a dwindling supply of new homes sent nationwide housing markets into uncharted territory over the last two years. "When you see inventories start to spike, that signals a significant shift towards a buyer's market where prices are probably going to go down. Prices are likely to go down in 2023According to Meyer, the housing market in 2023 should be a tale of two halves. But once affordability begins to improve again, Meyer believes the housing market will bottom, spurring new growth.

☆ 3 real-estate investing strategies to use — and 2 cities to invest in — as home prices around the country take a hit, according to BiggerPockets' housing-market guru
▼ + stars: | 2023-01-27 | by ( William Edwards | ) www.businessinsider.com time to read: +5 min

For those looking to break into real-estate investing, this uncertainty can be paralyzing. But according to Dave Meyer, a real-estate investor and BiggerPockets' vice president of data and analytics, there are still ways to make money in this market. On a recent episode of the BiggerPockets Podcast, Meyer shared three strategies he thinks will work best right now. 3 real-estate investing strategies to use in the current environmentThe first strategy Meyer recommended is becoming a private lender. Meyer said "hybrid" cities would likely perform better in the coming years than high-appreciation cities, and listed a couple that fit that description.

☆ BiggerPockets’ housing-market guru says he sees home prices falling up to 10% over the next 12 months with housing affordability at four-decade-lows
▼ + stars: | 2022-10-26 | by ( William Edwards | ) www.businessinsider.com time to read: +4 min

With housing affordability deteriorating, home prices are due to fall, says Dave Meyer. The BiggerPockets housing market expert said he expects a decline of up to 10% in prices. "Houses are just not affordable at these prices with these interest rates," Meyer said. Either mortgage rates would have to skyrocket, he said, or housing prices would have to continue on their torrid pace upward. Morgan Stanley strategists said in late September that they expect home price growth to end 2023 at -3% year-over-over.

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