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Updated about 4 years ago on . Most recent reply

Carol Burns's profile image
Carol Burns's profile image
Carol Burns
  • Member since Sep 11, 2018
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56
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Carol Burns's profile image
Carol Burns's profile image
Carol Burns
  • Member since Sep 11, 2018
Connect
Carol Burns
14
Votes |
56
Posts
Private Lending & Conventional Mortgage Advice

Refi/due on sale clause

Carol Burns
Posted

I have an SFR I'd like to refi. Bank is telling me I have to take it out of the LLC, put it in my name. Won't say if this will cause a due on sale clause, will only say that I'm not supposed to put back in LLC, but he hasn't heard of any issues about it. Anyone have any experience with this?

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