if I see a home for sale for example on craigslist for $42,000 how do I acquire the true appraisal value of the home so I can compare it to the asking price?

How much are closing costs usually. What goes into closing costs? Commission to the realtor, inspections and what not but what else am I missing. If I purchased a property 500k what should I expect to pay at closing?

Do you use Gross Rent or Operating Income (Gross Rent - Vacancy Losses) to calculate your expenses?For example:$1000 monthly rent.8% vacancy$920 gross rent.Property Management 10%$100 or $92?

I have an applicant who has a credit score of 650, $97,000+ in debt ($53,000+ in credit card debt, and $42,000+ in auto loan debt), but has not been late on a payment in 4 years according to his credit report.He claim...

I saw several duplexes in a smaller town where the listing said “2 family being sold as a single family.” Upon asking the realtor what that was about he said - due to not being zoned as a permanent multi family area, ...

Hey everyone...hope you all are doing well and in good health! I get asked about this a lot so figured I'd share. Every HML will work somewhat differently but I will let you know the standard flow:
1) Get pre-approve...

I have an assignment to interview someone in the business or financial field for my entrepreneurship finance class. Here are the assignment details:  "This assignment requires you to develop a “mini-case” about a lend...

Every HML will work somewhat different but I will let you know the standard flow:
1) Get pre-approved with an HML - This should be free. DO NOT PAY AN APPLICATION FEE. This is a sign of a possible scam.
2) Look for ...

Good evening All!  I have a couple questions about the local Fort Wayne ARV and rent markets.  First, what is the average ARV on SFH's that are 3 bed, 2 bath and 3/1 with 1100-1800 sq ft?  I realize there will be a ra...

Hello BPers,So today I went out driving for dollars, and after I came back to do some research on the properties I came across a couple things I wasn't able to figure out.When a house is on the record for "selling" fo...