(He is not a sales person, rather a broker).Thanks !

The 7-unit was an off-market estate sale so that might not count in this regard...but it's who you know right?? 

As we acquire more properties we need to find more investors so we are hoping you guys could help brainstorm some ideas to help find these investors. 

As we acquire more properties we need to find more investors so we are hoping you guys could help brainstorm some ideas to help find these investors.

As we acquire more properties we need to find more investors so we are hoping you guys could help brainstorm some ideas to help find these investors.

In most states (not sure about Georgia) the excess proceeds, if any, from the tax sale should go to the owner/heirs.

Along with the refi after a year or two, I would save up the cash flow to buy another property or contribute to the down payment to get to 78% LTV as fast as possible to avoid PMI and to be able to qualify for a regular loan.Based on everything I know, this plan seems to be the most efficient way to acquire as many units as possible in the shortest amount of time, but again I am fairly new and don't know all the possible options.

We plan to use 4 (there are 4 of us) separate FHA/203k loans to acquire tri/quad-plexes.At the moment, we are campaigning to gain outside investors and cosigners and will hopefully be profitable with a couple units by early 2017.

My wife was p*ssed.3/24/16: Found BP and posted this thread: https://www.biggerpockets.com/forums/311/topics/29...04/01/16: Filed certificate a sale despite most of my friends, family, and coworkers telling me it was a bad idea.05/01/16: Paid my first lawyer bill (yikes!).

A short sale, and all that entails, is the only option, prior to the foreclosure, and only if the lender will delay the foreclosure for the short sale.