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Private Lending & Conventional Mortgage Advice
HomeForumsPrivate Lending & Conventional Mortgage AdviceDue On Sale Clause
Michael Bertsch's profile image
Michael Bertsch's profile image
Michael Bertsch
  • from Bossier City, Louisiana
  • Member since Dec 29, 2015
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Michael Bertsch's profile image
Michael Bertsch's profile image
Michael Bertsch
  • from Bossier City, Louisiana
  • Member since Dec 29, 2015
Connect
Michael Bertsch
  • Bossier City, LA
50
Votes |
122
Posts
Private Lending & Conventional Mortgage Advice

Due On Sale Clause

Michael Bertsch
  • Bossier City, LA
Posted Mar 31 2016, 16:52
I plan on buying a SFR in my personal name. After the 6 month seasoning period with the bank, I plan to cash out refinance into a traditional loan. Do you guys have any issues transferring your title to an LLC? I know there is the notorious due on sale clause. From what I have read, it is extremely rare they enforce it. I would just like a little feedback on this issue.
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