Most sellers only care if you close so you can usually use another form of capital stack other than what is on the agreement, however, the seller can force you to use the originally agreed-upon payment method. 

This was not a complete rehab, we were keeping the main bath, moulding, and original dooors. 

Purchase price: $565,000 Cash invested: $200,000 Current Price: $599K (originally $649K, 67 days on market).

Now his original property is less cash flow, and is his 2nd is likely negative $500/mo.

Originally posted by @Gregory Mcgraw:Ok I wasnt sure if you did.  

I'm originally from BR and am fairly active there. we see a lot of inventory so also happy to chat offline about this

The original post leaves the door open for a challenge by the IRS, so the safe harbor of holding it for investment for two full years is the safer option.  

You will pay for the higher risk with higher rates and origination fees but if the deal makes sense then congrats.

Its just hard and if there is any softening of the market.For the original investor:1.

That way, you can or choose not, to make a change to the original note.