these are owner carry type transactions.. there is mixed messages on these as they relate to being a safe instrument to buy.. 

I hope some others will chime in on this....The first link states: Establishing OccupancyThe FHA requires you to occupy the home within 60 days of signing the loan security instrument, and "bona fide" occupancy must continue for at least one year, according to the FHA.

Here in Memphis you can search by instrument type online and look for Substitution of Trustee documents on a daily basis or by date range.  

In short, that did'nt happen quite the way we hoped, but I can say it was very instrumental in bringing me to the point I am at today.

If the rental market can take something as drastic as the false demand for housing, we can say that is a resilient financial instrument.

This was done through a Reversionary Instrument placed on the deed to the homes. 

I had been thinking about this on the regulatory side (Dodd Frank, TILA, etc) as well as actually writing the instruments, hopefully to follow conventional guidelines so that it is easier on the resale side, in addition to meeting all of the licensing requirements.  

It allowed me to leverage debt I already had as well as capital for business startup and pay myself the interest versus someone else.Using this as an investment instrument for your own real estate deals is a little more complex than you might think.  

This leaves us with two true ways a profit occurs (1) you collect from the borrower or (2) you collect from the property.The one remedy available to a Mortgagee defined by the security instrument and note is foreclosure.  

The Governing Instrument A governing instrument is the document or documents governing the creation and internal affairs of the trust and the conduct of its activities.2 The governing instrument must be in writing and executed on or prior to the filing of the certificate of trust.