A: Those restrictions apply if you are trying to fit under the exclusion to the originator rule as a seller financer.

If the MH is in a park, the parks generally restrict rentals, and sometimes restrict who you can sell it to. 

These techniques have been taught for years, but I don't know of any guru who has updated their material to incorporate the new restrictions imposed by the new law. 

There are serious restrictions on the use of the Ellis Act and it is in effect to essentially let an owner to take an option to go out of business (the rental business).  

On the first option, are there any restrictions...as I see it, the objective is to get a tenant to pay principal and assume the difference of the payment and what is due owner...And does it make any sense to put personal capital into this property: i.e. do I have incentive to rehab this place to rental status...

As of right now, there are no restrictions on BUYING a property as an investor using creative financing, such as subject-to's.What the Dodd-Frank Act does is provide protection to a buyer who is being foreclosed or evicted after they bought a house using any type of creative financing (land contract, rent-to-own, owner financing, etc)If in the future you are considering selling that house using owner financing, rent-to-own or a land contract; you need to follow these three criteria: There should not be a  balloon in the note (meaning it must be fully-amortizing)The interest rate is fixed for at least five years, andYou “qualify” your buyer.Remember, you should consult with a qualified attorney in your state whenever you sell a house using any type of creative financing.Let me know if you have additional questions.Hope this helps :)Liz [email protected]

The cash on hand is enough for 20~25% down payment and my expected monthly income will be more than enough to cover PITI.The trouble is that a significant percentage (nearly 50%) of this income will be coming from future sales of RSU (restricted stock units).

We have similar development restrictions in Mo.

I thought you live in Fiji bc you are restricted from moving back to New Zealand due to bankruptcy?  

Is a 203 K loan restrictive as to choosing the contractor, etc ?