Alonzo Garza
Rental Property (Asset Protection)
6 February 2015 | 3 replies
If you want to make a change at some later date to/from an LLC you will have to re-title the property and that may trigger a due-on-sale clause from your lender.
Igor Tomic
Bought my first property !!!!
11 February 2015 | 8 replies
Furnaces (2006,2007), hot water tanks owned (2010,2011).Anyway I am getting keys on march 27 and are super excited to finally pull the trigger.
Matt Fish
Subject to, Sub 2, escrow accounts and insurance
11 February 2015 | 5 replies
This would certainly be a trigger for the due on sale. 2.
Ben Leybovich
Does No-Money-Down Work...?!
7 April 2015 | 132 replies
This transfer in beneficial interest does trigger the due-on-sale clause and is not covered under the Gam-St.
Michael Conte
3 perfectly purchased BRRRRs but cant find lender for refinances
25 June 2021 | 34 replies
Then, you could do a quit claim back into the LLC name, but be careful because that could trigger the "due on sale" clause written in the mortgage note.
Sean Rooks
My 1st BRRRR a base hit!
22 July 2020 | 114 replies
Transferring to an LLC you 100% own is kosher and can not trigger "due on sale" clause.
Account Closed
Beachfront property during COVID
28 August 2020 | 47 replies
What I can say is to get more responses to your post, you could include keywords that can trigger BP members' keyword alerts.
Myron Manley
Choosing an accountant
14 November 2022 | 7 replies
I'm sure this is probably worth it, but makes it a little harder to decide when to pull the trigger.
Alex Terraciano
Starting An LLC for a Property
12 November 2022 | 12 replies
That will trigger when you put it into an LLC.
Dennis Rogov
Medium rental wave question nj
16 November 2022 | 5 replies
Hi allI have missed the initial rental wave for short term rentals (I was on a sideline) and to lost to pull trigger.