The only thing keeping you from acquiring another property is you're waiting for your current project to sell. 

It’s unfortunate but could be a great opportunity to acquire businesses and help ease the burden off of the owners.

Kier,Thank you for the information you provided recently regarding equitable interest.Guidance the Department received from the Virginia Office of the Attorney General indicated that equitable ownership exists if there are no further terms or options to be met or exercised by the individual attempting to acquire the subject property within the contract.

If you’re looking to do RE investing, his advice is still great, and I’ll add this: if you have someone who will partner with you, I can show you how to acquire a property for a lower down payment and get most if not all of your renovation costs financed.

At this point, I am currently looking for any advice/partnership with people who are buying properties from auction or utilizing other resources to acquire properties at a fair price. 

Only a title commitment binds the insurer to issue a policy if you acquire title. 

As I acquired properties I went to $20,000 to take care of roofs, furnaces, a/c and economic downturn.

Is it possible to acquire financing for such a property?

I've decided to take a break from acquiring property (At least I say that.

I acquired it with my brother (50/50) and have $35K to buy out other interests in the property and I've just put $38K in rehab in it.