Your agent needs to reach out to to the escrow officer with cancellation instructions, this document will say who will be receiving the earnest money and all parties must sign it.

I read rich dad poor dad and watched a YouTube video by Jay Morrison on buying a multi family home to get wealthy.  

@Charles Peralta I am actively buying multis in RI right now.

Well, to start Im looking for Flips and multi family renatl units under 200k.

We began looking into owner occupying a multi-family home.

My real estate experience:  I own one multi-family which I have remodeled and managed.Thank you,Jesse

@nick i want to start with a  multi family building.

I am starting to look into properties to buy, and have a question for those who have already gone down this road: is it better to buy two small multi-family (say, duplexes) or one larger one (say, 4-6 units)?

I am very interested in utilizing the BRRRR strategy to acquire multi-family properties while continuing to flip properties in order to grow my capital.  

My plan would be to rent out all but one of the multi family units, whether it be du, tri, or 4-plex, and have the remaining one my "residence"