Make sure you do your due diligence and get a few bids on the project prior to pulling the trigger.

Land trusts are viewed as estate planning tools [or an Inter Vivos Trust] and will not trigger the due-on-sale clause thanks to the St.

Land trusts are viewed as estate planning tools [or an Inter Vivos Trust] and will not trigger the due-on-sale clause thanks to the St.

The transfer itself often doesn't even trigger the red flags a transfer directly to an LLC would, so some investors don't even tell their lenders in order to avoid the confusion.

I have a few exit strategies, IF the Due On Sale clause is triggered and I've also explained that to the owner as well.Also, I mentioned it in another post somewhere above, but I will be contacting the Lender to let them know of the current situation (through a signed Authorization Letter).

I would def get with a realtor and set up some alerts if you are serious about pulling the trigger quickly, as this is normally what it takes to buy a property that makes sense in Naperville.

There's a pretty active scene in Austin, harder for landlord compliance in general though.

If you attempt a direct property transfer from your name into an LLC for the liability protection it will potentially trigger the due-on-sale clause.

@Oren PfeffermannGreat info definitely appreciate it, i don’t have “an area” just yet because this is all pre-investment just to get the most info possible before I pull the trigger.

Do your best to research and plan out your best course of action before pulling the trigger.