As a violation it provides the mortgagee with the OPTION of accelerating the note - with all the proper notices and procedures for the state of property residence. 

I’ve spent a decent amount of time in SA and am actively evaluating real estate options.

I still work with a ton of investors though and there are great options, especially turnkey ones!

This is so that the lender may demand full repayment if a property with a mortgage is transferred into an LLC and a due-on-sale provision is triggered.Before putting the property into an LLC, make sure to check with your mortgage lender.

Sounds like a good time to read your contract(s) thoroughly to see if there is more than just that one line and talk with an attorney to see what your options are.Best of luck!

No need to buy in an LLC - you'll have better lending options in your names3. 

I am in the process of exploring financing options for my first deal and I came across the idea of government down payment assistance grants.From what I read, these grants can be used to cover the down payment on a low money down loan such as FHA loan, which I was planning to utilize anyway since I will be an owner-occupant.Has anyone used this in the past?

The 15% return on the investment should allow you to repay the loan from the investment.

Welcome to BiggerPockets :)Lots of options to explore, real estate investing is definitely not black and white.

Which is the better option?