Purchase price: $1,000 Cash invested: $15,000 Sale price: $34,500 Bought this property from Detroit Land Bank Authority.

Will see how sales go starting this fall.6.  

The owner is a former mortgage underwriter and she is preparing documents herself and having her friend at a title company execute the sale.  

I have a Freddie Mac mortgage, so if I make this transfer, would it trigger the due-on-sale clause, or would the mortgage company allow it as long as I am the sole owner of the LLC?

I had been through so much hassle already with the other banks that I wasn't in the mood for a bank that looked as if it would likely have sales reps with newborn babies crying in the background. :) I wanted to go with Chase bank too for the same reasons you did, however, my attorney warned me that he has had multiple clients who had to go through endless hassles to accomplish their goals with them.  

You pay cash at the time of sale, so you need the money available right then.

As for ARV, check out comparable sales (comps) on sites like Zillow or Redfin, or talk to a local realtor for a better idea of what similar homes are selling for in the area.

Or my power equipments or tools, or any of my belongings missing? 

We were interested in rolling money from a sale of a triplex into a larger property.

It’s a sales pitch for you to invest with them at extremely lucrative rates for them.