The kids would probably be better off where they are if they are school age.I have seen divorce situations where one party took a note in the primary home for the balance of the assets to be split, just another option to be aware of, T-Bill rate of interest and no payments required.

I just purchased Freedom$oft a few weeks ago and I'm learning a lot from that as well.I don't have my LLC set up just yet.

So banks wanted to protect their lending business, thus the "due on sale clause" was brought to light back then (even though it was around for many years, it "came to light in the 80s").So to summarize my "long-winded" paragraphs above, it is my opinion that the "due on sale clause" will rarely be exercised by lenders, because they have no reason to do so.In other words if a loan stays current and their is no huge "interest rate spread", I see little chance of a loan being called.Just remember, lots of "I's" should to be dotted, and plenty of "t's" should be crossed, by a seller & buyer, to make sure these types of deals stay vibrant years "down the road".IMO, the key to these types of deals, is honesty, disclosure, transparency, and more (such as good luck!

Could the HO be on the hook for the remaider of te balence of the insurance premium?

Good question for the likes of Ted Haggard...

Cant believe that no one here is really pumped about Freedom$oft. yea it is a bit pricey but so is a F650 instead of a f150.

Heck...I can prepay some mortgages and get a completely known return on that money far in excess of t-bill rates.

I'll second your endorsement of Ted Akers.

As I mentioned, what is considered "inner city" oft includes the first ring of burb development from decades past that has turned to "ghetto" itself.

I had to give Scott's FIRST BP post a vote; it sounds like good and sound advice to me.Off topic:I only wish other first time posters - who are experienced in real estate matters - could muster that sort of quality, rather than the oft-posted spammy initial posts.