Financing is available! Yes, the financing will be more expensive -- in my experience, I've seen a point higher than the prevailing interest rate, but if you're really interested in buying in this building, or making your condo more marketable, the availability of financing is really important.
Check out http://www.HoaLitigationCondoLoans.com/. Answer a few questions and see if it's possible to get financing on the unit in question. Hooray for solutions!
Caroline Choi Real Estate
Caroline Sells The City LA