Apt help

[Justin Gross]

A friend of mine has a 41 unit apt building in Tampa FL. 21 one bedroom and 20 two bedrooms. Was recently in foreclosure. It is currently 50% occupied and some of the units need work. He told me he owes $1,350,000. Looking for investor to short sale property. Currently has $750,000 invested and does not want to loose the property. Just looking at options right now. Maybe a private lender to make a new loan out plus interest? I'm pretty new to this and just trying to help him out and learn. I'm sure I'm leaving some needed info out so just let me know.

Thanks, Justin