What I've seen is that when asked to provide an assurance that a loan wouldn't be called because of a due on sale clause being triggered, the lender customer service typically just outright says it's not allowed, or default to a "no", because they see it as a black and white question, and miss why the due on sale clause is actually written into the mortgage document to begin with.If one is transferring property title from personal name, a Grant/Warranty Deed would be drafted/recorded to transfer title.

I'm actually pretty familiar with this area, I lived in Sterling Heights for about two years.

Let’s say my ARV = $900kDo you recommend doing my loans based on actual cost (700k)?

Jokingly he asked during theprocess what price would be a good price to sell at if someone askedhim to sell.Well he has gottenseveral calls, but one actually threw a number out before they havedone the due diligence, that got his attention.

@Carini Rochester I agree with Greg but to be clear Good Cause does not require a landlord to provide free housing, it just forces them go through the onerous and expensive and lengthy process of actually going for non payment eviction instead of a hold over proceeding, when the landlord knows that a monetary judgement is worthless and just wants possession of their rental unit back so they can fix it back up and rent it again hopefully to a great tenant.Also the problem with all this is that from 2019 to now, landlords have gotten used to having economically or physically vacant units and have priced that risk in. 

Lately i've been reading: The Book on Rental Property Investing by Brandon Turner, which is actually how I found out about BIgger Pockets.

Hi Bobby, I'm the ops manager for the Property Management Division at Milestone Premier Properties and a licensed realtor and investor.I actually live in Denton too butour brokerage is based in downtown Denison where I commute 2x a week.

Thank you for taking the time to do a deep dive. 2% home appreciation was also a fairly low estimate, it looks like in that area it is actually around 5-6%.

Currently, a hurdle that I am looking to get over is securing lending that will also have renovation costs built into the actual loan amount.

You’d be shocked by how little actual screening many PMC’s do!