I’m in the Detroit market, and I see a lot of properties for sale with existing sec 8 tenants on place.Thanks..

He said that he was quoted $10,000 for a Lennox unit with all new install, or $7000 for a York system with the same equipment that is there (which the sales guy said was fine and didn’t require a full renovation).

We are adding a STR to our portfolio in Arlington, TX in the entertainment district that is walking distance to Jerryworld and Globe Life Field & think we want to be available on several booking channels and would like dynamic pricing and a calendar sync feature  I saw a sales demo for Hostfully which ostensibly gets the property listed on multiple  channels and keeps the calendar straight to avoid double booking. 

Unlike a purchase/sale, it is not required that this be reported anywhere and zillow doesn't give already rented properties/prices. 

If there is currently a lease in place at time of sale, there are two options.

Had we dug into the "3-5 years old" disclosure better we would have found that the older folks who sold the home were most likely remembering things wrong because after the sale we got up there and found it to be near the end of its lifetime.

Does the land contract sale also require an RMLO to "originate" the financing?

The plan is to set aside a portion of the equity from the sale to invest in a multifamily property. 

If the latter, the seller uses the sale of their property to pay off their mortgage; and the difference between their mortgage (the amount they owe) and the sales price is what they walk away with.

Purchase price: $4,800,000 Sale price: $9,200,000 16 unit townhome complex.