Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Private Lending & Conventional Mortgage Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 9 years ago,

User Stats

15
Posts
12
Votes
Doug O.
  • Investor
  • Hudson County, NJ
12
Votes |
15
Posts

Triggering due on sale clause

Doug O.
  • Investor
  • Hudson County, NJ
Posted

So I'm wondering who here has any direct experience or knowledge of triggering the due on sale clause in a loan from transferring to an LLC? Have been reading about people who heard about this happening, but never heard from anyone who has actually done it recently either with or without consequence from their lender.

I'm debating whether to attempt it, since all of my experience with it was from more than 5 years ago when it could be done with little fanfare from lenders. Now that the climate has changed, it seems that the rumors floating around are that you will get called by your lender if you transfer out of your personal name to an LLC even if you continue to pay on time as in the past.

Anyone??

Loading replies...