For example, if you wanted them to just be on the debt side of the equation, then you are talking about a promissory note and a lien instrument like a deed of trust or mortgage being recorded with the city/county. 

Here's some snippets from the HUD handbook on the subject: "A principal residence is a property that will be occupied by the borrower for the majority of the calendar year"And"FHA security instruments require a borrower to establish bona fide occupancy in a home as the borrower’s principal residence within 60 days of signing the security instrument, with continued occupancy for at least one year."

@Augustin Calderon  if you are putting something in a trust that is a legal instrument and you should consult an attorney.

Jacqueline Lembesis- She was instrumental in this projects success.

That way you can match up one individual lender to one property, the lender gets title insurance and is named as a mortgagee on the hazard insurance, and you sign a promissory note and whatever the lien instrument is in your state (mortgage vs deed of trust). 

This will be instrumental in connecting a bunch of the neighborhoods around the city and is sure to be a catalyst for further growth and development. 

A valid real estate purchase and sale contract need to have the following elements; written instrument, names of all parties, legal description of the property, purchase price, closing date, etc.

Just realize that hloc are normally floating rate instruments, so as rates go up so will your payment.  

Are there derivative instruments or strategies to lock in an interest even though you may not be closing for another 2-3 months?

Then later transfer title to an LLC which is not on the mortgage.in your security instruments there is a chapter on EVENTS OF DEFAULT Alienation is just one of them.