Home. had multiple offers on the 1st day it was on the market, and my ability to be first in line, present a strong offer and terms, and act on my criteria was instrumental in getting the deal done.All properties were purchased with 20% down.#1) 2011 Our first investment was a big leap of faith, buying a large SFR from 1902 that had been split into a duplex for 141k.

.: $387,000.00 January 9, 2008 John Doe, a single man California Reconveyance Company, a California Corporation Washington Mutual Bank January 15, 2008 as instrument no.

Mortgages are long term instruments. 

If it was a long term play, I may want a non-recourse 30 year fixed loan instrument.  

It is very important to note that attempting to re-establish a new promise to pay where a new security instrument and note are created can extinguish any capacity for a Mortgagee to foreclose.  

The Buyer/Borrower has similar rights to those in a standard security instrument (mortgage/dot) and a right to redeem must be afforded.  

Also- noting for possible devaluations like train tracks, factories, construction, shelters, etc being near the property can be instrumental when analyzing market value. 

I believe a UCC1 will work for an investment property, but only if your lender is comfortable with this recorded instrument.  

The official guideline from HUD about FHA financing is as follows:At least one borrower must occupy the property and sign the security instrument and the mortgage note in order for the property to be considered owner-occupied.

Or should I continue to look for long term fixed rate instruments to fully leverage these properties and just pocket the cash flow?