Hey guys, In a situation where a house in Oregon was sold at auction to a "third party" and the person who lost the house had cash and wanted to exercise their "right of redemption", where would one start?

Situation explained below as briefly as possible. 

I don't recall the exact situation, but Warren Buffet had a top executive that made a mistake and lost a huge amount of money. 

If you use outside funds it makes the tax situation tricky. good luck!

I really want to take a loan against my rental building so I can buy more investment properties, but my situation is I don't have tax returns ( new immigrant and this property has only generated income for 6 months), any suggestion on which financial institution can help a case like mine?

Or how do investors handle this situation? 

The property management company I use strongly confirms this as well.I could go on and on, and I know I'm in a win-win situation here, so I'm curious what you would do or if you have any insights to share.

It doesn’t make sense for the average family and  it doesn’t sound like a cash flowing situation for an investor.  

I also understand that a lot of it will all depend on what I can find in terms of a property and what kind of numbers I will see in cashflow but my thoughts are that if I look hard enough I can do better than my current situation - getting no cashflow.

. :)Caution: not every investor is in a financial situation where extra depreciation is helpful.