What If The Due-on-sale Clause Is Called In?

Although it is unlikely to happen -
How would you other Sub2 Investors handle it if the due-on-sale loan clause was called due by the lender?
Looking to see what strategy might be used if it ever happens.
Thanks
housebyr

Comments(1)

  • pmatheson122nd July, 2003

    Sell before the Sale date. Refinance in your name or Cut in an Investor for a piece of the action and have him refi it.

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