Deposit back on a new build?

[Account Closed]

Does anyone have advice or tried to get a earnest money deposit on a new build? I went under contract for a 2nd town home in my primary residential development thinking it would be a good way to dip my toe into the world of rentals and property management. I've since partnered with a more experienced investor and am under contract on a property that will bring in significantly higher returns. I now would like to get the $5K back and put it towards a 2nd property with much higher returns and not waste one of my personal loans. I am hearing that it is very hard to re coup on a new build.