Hi all,I was supposed to close today on a $270k new build duplex out-of-state, but it's been delayed to Tuesday.  Can I get any general advice on what my options are?  Can I back out?  What are my costs if I back out?...

and how are you finding buyers?

It could be 2-3% to the seller or 5-6% to both seller's agents and buyer's agents.

It could be finding potential buyer contacts and building a database.I guess the KPIs could be similar if he actually wants to be the investor.  

All 16 units would have to remain on same lot/deed forever (so in terms of value, I can’t capitalize on the duplexes being sold to conventional non commercial buyer) think financially it would be nice to phase it out one duplex at a time.

There are a few possible programs out there for first time home-buyers that will assist with your down payment as well.

Many investors also use buyer’s agents who specialize in remote purchases to ensure you're getting unbiased feedback.Regarding North Austin, it's a strong market for rentals with growing tech and job opportunities.

You are typically dealing with a savvy seller and a savvy buyer.

**Seller is participating in a 1031 Exchange, at no cost to Buyer.

Buyers there are taking their time and negotiating hard.