I didn't buy it anyway.

We do land entitlement so we control all sites and tie them up until zoning is approved. we don't buy land that we can't entitle first

@Robert StephensonIf you have enough equity in your primary or rental you can get a HELOC or HELOAN and use the proceeds as a down payment to buy another rental.

Quote from @John Friendas: There's a house I'm considering buying with a business partner as an investment rental.

We are in both of those markets for fix and flips & buy and holds.

And even if they do, they have to be fairly motivated to be willing to do so (even if you've built rapport and all that good stuff).If they are motivated, usually that means the property needs work and they almost certainly won't lend over and above what you buy the property for.

It is the bridge between buying and selling a flipped home.

In a perfect world that’s how I would start since it would be a lot easier than buying a home but I’m sure there’s some things I’m overseeing.

The seller had attempted to buy me out of the deal but ultimately realized they had no legal grounds to back out.

Get a 50% LTV loan and buy another property just like the one you own.