Whereas in the past lenders did not attempt to enforce the “due on sale” clause, this was in an era when interest rates were heading lower and transfers of ownership were not easy to identify.  

The text says: 4) "Wholesaling" means having a contractual interest in purchasing residential real estate from a property owner, then marketing the property for sale to a different buyer prior to taking legal ownership of the property.

@Aleksei Furmenkov House hacking a duplex or a fourplex is one of the best ways to get started and learn the process of ownership and management (both of the building and of tenants). 

Their ownership is around 5-10% on each deal.Based on a 5.5 cap with a trailing 3 NOI, the value is around 450 mill.And I never said we didn't syndicate deals.

Nevada Ranks Second Most Expensive for Car Ownership: Nevada ranks as the second-most expensive state to own a car, according to Forbes.

Hi @Jackson Hanssen Ty for answering.I don't want to merge the two LLCs because I'd like to preserve family only ownership in my family LLC (LLC-A) for the same number of doors.

Real estate can be unpredictable, so having a diversified portfolio can provide more stability.Key Lesson #4: Understand the True Costs of Ownership Another critical lesson was understanding the true costs associated with real estate ownership.

Take ownership of your mistake and learn to do the proper due diligence recommended above😊

@Olivier ChaineIn all trust deed or mortgage documents written by instructional lenders that I’ve come across, a change in ownership/manager structure of an LLC holding title to a property is a violation of the “due on sale” clause, so from a purely covenant violation sense purchasing the LLC doesn’t help you.  

Take ownership of your mistake and learn to do the proper due diligence recommended above😊