Creating your own mortgage!!! Virginia

[Lamont Hamlette]

Has anyone on BP heard of the "Creating your own mortgage" form of financing deals before. You Set up the terms, length, etc of a mortgage and selling it privately to investors. It is very interesting and I was curious about learning more from some experienced and credible investors. It sounds like a genius way to cut out the bank and get more affordable lending then hard money but a little higher then traditional. If anyone knows anything feel free to respond.