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Updated almost 11 years ago on . Most recent reply

Annette Hibbler's profile image
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Annette Hibbler
  • Real Estate Consultant
  • from Brighton, MI
  • Member since May 23, 2013
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Annette Hibbler's profile image
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Annette Hibbler
  • Real Estate Consultant
  • from Brighton, MI
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Annette Hibbler
  • Real Estate Consultant
  • Brighton, MI
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Using AMPS (Assignment of Mortgage Strategies)

Annette Hibbler
  • Real Estate Consultant
  • Brighton, MI
Posted

I'm very intrigued by the concept of using AMPS to build my own portfolio as well as sell property quickly and easily using owner financing, with very little outlay.  Was wondering how many investors have actually utilized this strategy and what their experiences have been.  Has anyone used this in Michigan?

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Wayne Brooks
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Wayne Brooks
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Wayne Brooks#1 Foreclosures Contributor
  • Real Estate Professional
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Wayne Brooks#1 Foreclosures Contributor
  • Real Estate Professional
  • West Palm Beach, FL
Replied

Just another name for sub2, rebranded with some sizzle so it sounds "new and innovative".  Same issues, same risk.

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