The investor fails to close and you cannot find another buyer in time, so you cancel the contract with the property owner and forfeit the EMD of $500.But you've essentially made $9,500 for breaching the contract! 

What made you interested in investing in this type of deal?

I'm staying at a furnished home here in ybor and I see alot of land that is unused and alot of building that I feel can be repurposed to make the place better and help the people.

Ensure your payments are made into a RERA-approved escrow account to safeguard your investment.- Payment Plans and Financial Commitment: Many off-plan projects offer flexible payment plans.

This home is 3/2 with hardy exterior, barrel brick ceiling entryway, spacious floorplan, vaulted living room, vaulted main bedroom, walk-in tile shower, and granite throughout What made you interested in investing in this type of deal?

But there is a case to be made.

It's a good idea to talk to a lender to ensure you meet all the requirements and get the best deal, so if you want to discuss please feel free to reach out to me directly!

I would feel safe using the security deposit on smoke mitigation on turnover which might include kill/paint purchase of ozone machine steam cleaning or replacing carpet etc. remember to account for useful life if replacing.

If you're interested in connecting feel free to message me!

Infinite ROI.What made you interested in investing in this type of deal?