<ARTICLE> 5
<LEGEND>
The  schedule  contains  summary   information   extracted  from  the  financial
statements  of the  December  31, 1997 Form 10K of  Resources  Accrued  Mortgage
Investors  2 L.P.  and is  qualified  in its  entirety  by  reference  for  such
statements.
</LEGEND>
       
                             
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          DEC-31-1997
<PERIOD-END>                               DEC-31-1997
<CASH>                                       2,908,425
<SECURITIES>                                         0
<RECEIVABLES>                                        0
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                             2,921,007
<PP&E>                                               0
<DEPRECIATION>                                       0
<TOTAL-ASSETS>                              19,537,040
<CURRENT-LIABILITIES>                           94,140
<BONDS>                                              0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                             0
<OTHER-SE>                                  19,442,900
<TOTAL-LIABILITY-AND-EQUITY>                19,537,040
<SALES>                                              0
<TOTAL-REVENUES>                               165,064
<CGS>                                                0
<TOTAL-COSTS>                                   92,382
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                   0
<INCOME-PRETAX>                                 72,682
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                             72,682
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                    72,682
<EPS-PRIMARY>                                        0
<EPS-DILUTED>                                        0