7 January 2019 | 2 replies
It probably wouldn't happen, but TECHNICALLY it could trigger what is known as a "due on sale" clause.
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9 January 2019 | 4 replies
Hi Eric,To avoid the issues with financing while operating through an LLC I will proceed in this way: establish financing and purchase the property in your own name, then transfer the property into a Land Trust (this does not trigger the Due on Sale clause,) and then make the LLC the beneficiary of that Land Trust.
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7 January 2019 | 4 replies
I'm new to this fixing to try and flip my first house so I'm wanting to cover everything before I pull the trigger.
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31 January 2019 | 1 reply
I am looking at moving properties from my name into a trust which, due to the The Garn-St Germain Act of 1982, cannot trigger a mortgage's due-on-sale clause (like putting a property into an LLC).
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13 January 2019 | 36 replies
A few years back (80's or 90's) a string of murders triggered this legislation.
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19 August 2018 | 73 replies
Sorry for the ramble but this posting did trigger me.
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27 August 2018 | 19 replies
That means I have been doing a good job of research before pulling the trigger on my purchase.1) No performing work on the property nor doing the PM.
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23 August 2018 | 8 replies
Sorry, last post lolI should have mentioned that, in general - and especially for new investors - I recommend that people try to make a trip to the market they are considering before they pull the trigger on a turnkey investment.
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1 September 2018 | 25 replies
But when it came time to pull the trigger I stood up, walked out of the office and started pacing the parking lot.
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27 August 2018 | 3 replies
I don’t know, just pull the trigger and buy the damn thing.