I've only heard this recently in a book I read, and by a closing agent from a title company.

From closing to tenant move in, this deal took nearly 9 months to get up and running.

Interesting.I could see fees for like $300 per showing, then that amount is applied to a 2.5% BB fee at closing.

5 months and at least $40k minimum later she list it at $265k (still laughing) it closes at $245K cause it wouldn't appraise!

He began by plowing for me and then started doing my lawn and then moved to some basic maintenance and now close to 20 years later I basically pay him a monthly salary to do whatever needs to be done.

There is always a deal to be had.Be quick, buy with cash and close quick.Need to up the game with direct mailers again, haven't sent them in a while and with the market shifting it's tougher nowadays. 

@Andrew Stouse, continue living with your parents while saving for closing costs/reserves.

Hi Chang - Fellow Bostonian here and I recently took the plunge and closed on my first Huntsville property last Friday and getting set to close on the second by end of this month. 

This property is in a great area for me in North Arlington (great schools, stones throw away from a huge community park, and close to I30), and the plan is to live in it for a year or so before renting it out (I’m sure I’ll be picking your brains when the time comes!).

One recent example of a re-fi we closed for a multi-family building in the Bronx: the property was a 40-unit apartment building with a 10 year, $3.7m note coming due.