Now, in some areas it can get nasty, time consuming and if the deal isn't that fair or not in compliance the court can do a cram down, write down the amounts due, so a lender can get tagged. :)

I have 8 rentals with 100% compliance.

& we did request detailed breakdowns as it triggers some interesting insights.

If you will not be able to drop off a compliance letter the next month because you interacted socially with them then do not go.

Germain Depository Institutions Regulation Act of 1982, provides an exemption to the Due on Sale Clause being triggered if the property is transferred to a relative as a function of the death of the borrower.

I don’t want to trigger the DOS clause and get myself in a situation where the house goes to foreclosure.Dilemma: I have heard people say that the best way is to buy properties in their own name as banks like lending to a person rather than a new LLC that has no history or track record.

Do you think this will this trigger any type of red flags though?

I've been working hard to save money so I could start my first investment and now that I'm there I'm a little trigger shy.

If you close this year, even with no payment, his recapture will be triggered, at the least.

Who would make the decision on when it should be triggered and filed, I don't know.