After applying for a loan you should be able to get an offer letter with these details within 24 to 48 hours.2. 

I have been investing in Real Estate since 1997.I have went through a few downturns even before the 2008 crash, such as the Tech Crash of 2001 where NASDAQ lost 66% of it value.My properties are in NYC, Brooklyn specifically.I tend to be a very detailed oriented researcher into the area of Investment that I am studying.Prior to purchasing my RE Investments, I learned the RE Business Cycle so that I can soften a blow from a downturn as much as possible.

The roof, appliances, driveway, etc. will need to be replaced in time, and the CapEx is used to estimate those long-term replacement costs.  

Email this loan officer or account executive several questions (at least 7) and see how detailed and quick there response is.The type of questions you ask really do not matter, you are giving them a test.  

I estimate at least 80% of them fall through.

I don't want to go into too much details but he has been the worst contractor I have hired.

You need to accurately estimate the amount of repairs you will need to perform.

Hi,I am checking a property that probably needs a big rehab in Indianapolis.Before making a full inspection I need to find someone that can do a quick inspection and give me an estimation of what the rehab cost will be.

That said, I always heard in every podcast that EVERYONE would joke and say that for their first house they would pay too much, take on too much, estimate wrong, and any number of other mistakes that would happen.Obviously I want to not fall into the same trap!

Zillow, Realtor.com, and redfin usually have estimates on the properties.