A smaller multi unit is your best bet.

This may not apply to every investor, but I bet many fell prey to this:3% down allowed higher affordability/cash flow projection.

I'm pretty sure I did, I was successful in contacting Aaron Norris, his brother and he was the one who gave me the attorney so I'm pretty confident I was speaking to the right attorney.

commercial lending dept at your local credit union will be your best bet if refi not possible but typically have a balloon after 15 yrs

Granted the rehab costs may make further investment unattractive, but I bet you can flip it for $1000 or more.

@J ScottThat's a great idea to keep and/or collect appraisal where possible, I bet there are those that barely even look at their appraisals that close when they come in.Have a good weekend !

I bet you will get replies especially if you mention exactly which city you are looking to invest.

Total market size of 3,000 will imo create vacancies - - I bet the complex was built on speculation :sigh:

And the Receiver will not be spending a dime on the property, you can bet on that!

At this point, it's unreasonable that you expect the lender to take the entire loss while you profit from this deal.In fact, not only is it unreasonable, but I'd be willing to bet that the short sale agreements you sign will preclude you from legally regaining possession of the properties short-term.