I am worried about the due on sale clause as most people are who are purchasing a subto property.

If its only a month or 2 short you might be able to make it vacant for sale and make it a primary residence for a short period before selling.

@Benjamin P.I use this equation to back into my maximum allowable offer (MAO)ARV - Rehab Costs - Holding Costs - Purchase & Sale Costs - Desired Profit as a percentage of ARV = MAO

After that I post the property for sale, I call others with similar properties, and I follow up with potential buyers...

This was done to protect senior citizens on fixed incomes from being forced to sell their homes due to unaffordable property tax increases.Since the passing of this amendment, all properties in Michigan have two property tax values associated with them:State Equalized Value (SEV): supposedly equal to 50% of the market value of a property, not based on recent sales price.Taxable Value: the SEV annually capped as long as there is not a transfer of ownership.City Assessors are charged with determining how much property values have changed each year.

Meaning, that if you want to move your property into another LLC that you own, you will have to recognize a taxable gain on the difference between the fair market value of the property and your adjusted basis - even though you did not actually receive any cash for the sale. 

Now properties are sitting on market for sale as well, it is no longer the bidding war situation.Send me the address and BnB link, I can try to give you some feedback.Was the $8700 your net profit after mortgage?

However, title can be “clouded” many ways, including heirs who never registered their rightful interest (usually when someone dies without a will), spouses never formally divorced, common law marriage situations, children born out of wedlock, incorrect survey information, Sheriff and tax sales misidentifying multiple parcel situations, partial property rights transferred such as remainder estates, tax liens unrecorded, incorrect county identification due to changing county lines as when a river redirects, and of course plain old error in the property description copied onto the recorded warranty deed.  

Yes you can definitely refinance with another hard money lending product for 6,12,18 or 24 months with no prepay .

You have 45 days from the closing of the sale to identify the potential purchase.