Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Creative Real Estate Financing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 2 years ago on . Most recent reply

User Stats

43
Posts
37
Votes
Andrew Vincent
  • Real Estate Agent
  • Port Huron, MI
37
Votes |
43
Posts

Due on sale clause. What to do if its call on?

Andrew Vincent
  • Real Estate Agent
  • Port Huron, MI
Posted

I have been going thought BP and I have been struggling to find a current forum post about people dealing with due on sale clauses being called on and what others have done to avoid it happening. I understand that its always a possibility for a bank/lender to do it. Is it an issue for an LLC transferring to another LLC? I want to know what others have experienced with this and how a seasoned investor handles them. I look forward to hearing from this great community.

Most Popular Reply

User Stats

43
Posts
37
Votes
Andrew Vincent
  • Real Estate Agent
  • Port Huron, MI
37
Votes |
43
Posts
Andrew Vincent
  • Real Estate Agent
  • Port Huron, MI
Replied
Quote from @Account Closed:
Quote from @Andrew Vincent:

I have been going thought BP and I have been struggling to find a current forum post about people dealing with due on sale clauses being called on and what others have done to avoid it happening. I understand that its always a possibility for a bank/lender to do it. Is it an issue for an LLC transferring to another LLC? I want to know what others have experienced with this and how a seasoned investor handles them. I look forward to hearing from this great community.

Hmmm, I've responded to this question 5 times in the last month. I'm surprised it didn't come up, so maybe it isn't searchable.
Here's 1 
https://www.biggerpockets.com/...
and you should read this too

https://www.biggerpockets.com/...

Thank you! I tried searching for it a bunch of different ways but it was only bringing up older ones for me. Much appreciated for sharing those!

Loading replies...