Nov 18, 2021 10:51:15 AM
Aug 6, 2021 10:51:41 AM
Whether you're a first-time buyer with no experience in real estate transactions, no experience obtaining a mortgage to purchase a property, or you are an expert looking into buying in a hot market; you'll want to know all about the Appraisal Gap.
Jul 8, 2021 10:40:27 AM
Most think of "hard money lenders" as risk-takers, loan sharks, high-interest-rate lenders, lenders that require no documentation, and/or lenders who lend only to individuals with bad credit.
May 25, 2021 1:24:19 PM
With how trending Flip and Fix investments have become, it is no surprise more people want to get in on the opportunity. To get a loan for such investments, one needs to have the eligible FICO score. Many potential investors do not understand just how the FICO score works, how it is obtained, and how it can affect their ability to get a loan. Therefore, AMI Lenders has put all the information you need to know about FICO scores in this blog.
Apr 6, 2021 9:58:07 AM
If you ever wondered what the difference is between the APY and the APR, here's all you need to know:
Apr 1, 2021 12:13:52 PM
As Fix and Flip investments gain popularity, they can help experienced Fix and Flippers make a substantial profit. In the past four years, the average gross flipping profit for investors has been between $60,000 and $70,000. However, if you don't do it properly, it's also possible to end up with a loss instead. As the name suggests, these properties need to be "fixed" before they are sold again. Fixing most commonly refers to repair work. It may be tempting to repair a few things in the house here and there and resell them. However, we also recommend following the advice from a professional home inspector for the highest profit.
Feb 19, 2021 4:01:07 PM
Real estate investors often prefer hard money lenders instead of large financial institutions such as banks for obtaining their loans. The primary reasons for this are a)private money lenders process loans much faster, which is ideal if someone requires a loan quickly to beat a competitive bid, and b) Hard Money Lenders have more flexibility than banks. Also, hard money lenders have less stringent requirements and background checks.
Dec 15, 2020 11:55:42 AM
Jul 15, 2020 3:24:04 PM
Sep 26, 2018 2:08:55 PM
Texas is amongst the top of the nation in rankings for weather-related property damage each year. Therefore, knowing the different types of insurances available and their coverages is crucial. If you live or plan to live in one of the 14 coastal counties or parts of Harris County or Galveston Bay you should know of separate policies that are available that may help you protect yourselves from losses caused by flooding.