I heard somewhere that recording a deed taken subject to a VA or FHA loan is not a good idea. Has anyone had any negative experiences with these type loans?
No problem. More than half of all my Sub2s are FHA loans.
I think what you may be referring to is various gov’t subsidized loans. The gov’t gives the borrower a super interest rate, but the borrower can’t pass this on or both of you would get in trouble. I understand they periodically come around knocking on doors to verify the borrower is the resident.