You can also purchase with no money down if you get the sellers to roll your closing costs into the purchase price.

Although I know my lender has used the cash flow (rent rolls) as a significant factor in ability to payback the loan. 

I have the sellers financial information, rent roll, expenses etc.With this being a new season of investing into apartments for me, I want to make sure $20k non-refundable earnest money from day 1 of the effective date is a wise move.I know as the due diligence process moves forward, the asking price is always negotiable, at the same time, with the seller already showing she's a firm negotiator, I would hate to lose $20k because she don't want to budge on price when the lender and/or bullcrap turns up during due diligence.

BRRRR is a new term for an age old strategy of adding value and rolling into the next one. 

I am a NE Broker and was able to roll my commission into 20% ownership of the property and am acting as local property/asset manager.

@Aaron HansHi AaronWe completed a refi & roll last week for $400,000 and another one this week for $480,000.

Tax time rolled around and I found that the property tax is really $1201/yr, and they really should have given me about $1100.How do you go about resolving the tax discrepancy?

However, to get the ball rolling, it’s probably the best position to be in.

This includes bring the electrical up to code by installing GFCI plugs where needed, replace the fuses with circuit breakers, remove ivy, remove a chimney thats coming apart and replace the less than 3 year old HWT (moving them to the back house basement) and install new direct vent units in the front house, remove a small amount of mold from the back house, replace some composite siding boards that are broken, a few grand for new gutters (very conservative), fix a bay window sill , install 1 set of inside railings, and secure 1 loose porch (owners unit) , but Ive padded this list to 30k just in case because it really is a fair amount.The cost to get the interest rate down to 2% is 8k out of my pocket and 20k seller concession rolled into the loan. 

@Nina Grayson the lender will absolutely roll in the costs and its likely to be required because the underwriters are gonna have a problem with it in its current state.