I did hear on one of the videos I watched to try to purchase off market. 

During the Great Recession I found my two-story house which I had purchased from HUD for 72K was suddenly under water.

I’m looking at purchasing an old single family house on a 25x100 property with 25’ of frontage on Summit Ave. in Jersey City’s Heights neighborhood.

@Victor Olaniyi I would go to as many local meetups as possible so you can meet agents that are actively seeking business in the areas you want to purchase in.

It seems like KW is the most expensive to purchase, but one of (if not) the most reputable.

Lucy,It does look like you are referring to the minimum interest, or prepayment penalty, of your existing lender as well as the 'seasoning' period of any potential new lender.Most HMLs won't have a prepayment penalty on a rehab-bridge loan, but a lot of long term refinance lenders would require a period of time after you purchase it before they would take the new 'after repair value' (or, seasoning).

I live in California, and am looking to purchase my first rental property in Illinois.

In a previous e-mail I told them they can park their bike in their vehicles parking space or purchase a light weight fold-up bike to carry into their unit.   

Which by the way, will still allow you to purchase more property and add to your depreciable basis that way.My two cents would be that it is a no win scenario trying to please a buyer with improvements. 

One good way is to list the property if you have purchased it of course.