[WSBARP] Loan Secured by Investment Real Estate-LLC v Trust

[Robert West]

Listmates -

Client wants to purchase investment property using a LLC for asset protection.  Lender will not loan to LLC, but will loan to client's trust.  I am curious how some of you structure such a transaction and avoid a "due on sale" risk, if it is not exempt under Garn St.-Germain, by transferring ownership to the LLC after the loan funds, regardless whether a trust is even used in the purchase transaction.

Robert E. West, Jr.
WEST LAW OFFICES, P.S.
Attorneys at Law
332 1st Street NE
Auburn  WA  98002
Telephone:  253-351-9000
Facsimile:    253-833-5322
E-mail:  rwest at westlawoffices.com<mailto:rwest at westlawoffices.com>
Website:  www.WestLawOffices.com<http://www.westlawoffices.com/>

-------------- next part --------------
An HTML attachment was scrubbed...
URL: <http://mailman.fsr.com/pipermail/wsbarp/attachments/20220222/b1315728/attachment.html>
-------------- next part --------------
A non-text attachment was scrubbed...
Name: image001.gif
Type: image/gif
Size: 69751 bytes
Desc: image001.gif
URL: <http://mailman.fsr.com/pipermail/wsbarp/attachments/20220222/b1315728/image001.gif>