Innovative Strategies
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Creative Real Estate Financing
presented by

Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated about 5 years ago on . Most recent reply

Due on Sale Clause?
Hello Everyone,
So...I’m in the midst of analyzing/negotiating my first Land Contract deal in Michigan....However the seller just realized there is a due on sale clause on his mortgage. :( I’m not sure what his loan amount is yet.
So is this a deal killer? Are there any work around for this? What can I do to protect myself? Also, are there any other important things I should do if he agree to terms for this land contract.
Thank you all!!!!!!!