If you like the home, area etc, you could refi and pull out the same amount of money.

we would have paid the 10% deposit and have had zero legal recourse to get the money back.

This is after-tax money though, so doesn't really do the same but gives me some tax free gains down the road. 

Quote from @Devin James: Im currently learning this lesson with New Builds that have taken twice as long to complete than anticipated.....Finishing a Real Estate project ASAP is critical because...1) Holding Costs add up quickly- Loan Interest- Property Taxes- Insurance2) Investor Capital- Our financial projections are dependent on how fast we can turn our investors capital.

It won't take much money to purchase something that makes sense.Use the remaining money to invest long-distance.

Creative financing can help sellers make more money, solve pain points, gets them the money they need, and help them avoid a high tax bill.

No matter the number of units, there is one roof, one property tax bill, one sewer line, one gardener bill, etc. 3.

Does anyone know of a dscr lender that will allow for seasoned money for a down payment and a really good property manager in Ohio specifically in Columbus, Cin, and Cleveland?  

For tax purposes, you really just need to have everything aligned to the schedule E categories. 

I know some investors use them as a tax-advantaged way to grow their portfolios, and I’d be curious to hear your thoughts on that.Looking forward to your insights!