Quote from @Henry Clark: I old look at buying your lumber early.  

If you really hustle and are smarter than the average bear, you may make enough money that you can buy an investment property.

Most of the legit investors I know won't buy those deals out of principle, regardless of terms. 

Have you thought about your investment style-- buy and hold, fix and flip, househacking, passive investing, STR, something in between?

Unless you still want to buy the property, the seller is in breech for not closing because you are full ready to close but they haven't or refused to sign anything.In NC if the seller breaches, the buyer can sue for specific performance.

I wouldn't buy existing.

BiggerPockets also has a calculator to analyze deals, and I highly recommend you start this as soon as possible, even if you are not ready to buy.

I have begun to look for a new primary for myself but have decided that if possible, I would like to build rather than buy. 

Hi to everyone,I would like to ask that ,my banks in my country (Greece) are unable to provide refinance options for the BRRRR method (Buy, Rehab, Rent, Refinance, Repeat), what alternative realistic strategies can I consider for implementing this investment approach?

@David LewisRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?