Due on Sale Clause and LLC

[Daniel Wrentz]

Hi BP,

I am concerned about triggering the Due on Sale clause with seller financing for a buyer (a wraparound loan).

If I setup a financed property in an sub-LLC, could I bring the buyer on as a partner and set up a contract where he buys the percentage of that LLC over a set term? Basically there would never be a transfer of title, just the buyer buying out the llc that owner the asset.

Thanks.