Her only contribution was $482.08 which was made payable to outstanding balances.

It's not a simple process, as they first have to foreclose on the existing property, attempt to sell it at a reasonable cost to minimize their losses, then file a suit against you and win that suit for any outstanding balance.

@Jaden Adams This is an outstanding option!

The info is outstanding the networking is key.

Veronica and her husband James are outstanding people. 

Also listened to my first podcast today and found it to be outstanding.  

A big part of the success is the outstanding membership that has gown from just a few major active members to over a thousand seriously active members. 

To my understanding, (I'm new as well), I think you can only have one outstanding fha loan AND it must be owner occupied.

@Michael Plaks Outstanding explanation. 

This can be an excellent strategy but not if you miss an outstanding liability or judgment in one or more of the LLCs.