I doubt there is favorable clause in the SPA which allows you to opt out now on your own accord. You can recheck your SPA to be sure.

As this is a subsale, you can negotiate with the seller for an amount to walk away from the deal (hopefully the legal transfer process is not too far in yet..). the SPA is between you and the seller only, hence it's up to you guys to find an out of it.

Option to rent it out with minimal renovation (but from your feedback or 900/month vs 350K purchase price, it's a negative return).

This post has been edited by mytrader: Nov 2 2021, 02:54 PM