Additional keywords: Indy, Indiana, Indianapolis

Hello, I would like to get some suggestions and advice about a Property that needs a complete Rehab.What are the Pros and Cons to hire different Contractors to perform different work,rather than just one Contractor Company doing the whole Rehab?

Additionally, I've been told ( and read on many sites) that if a junior lien holder is foreclosing... the senior lien is Not wiped out and the new owner becomes responsible for The entire amount owed on the home.  

If you have any additional questions and or concerns PM and I will be more than welcome to help.

Hello, I am looking to acquire additional long term rental assets but am running into issues finding a lender that will fund me due to the fact that I had a foreclosure 4-1/2 years ago.750 credit scoreGood incomePlenty in reservesLooking to acquire properties 180k and below with 20-30% down but haven't been able to find lending.Any suggestions?

I additionally will transact on the side but that's neither her nor there.

You need to contact a real estate attorney who performs litigation and not just a contract and "book" Attorney.They will have private investigators who will track down and investigate the property management and interview the tenants.You may have a bit more problems than you know about,yet.This won't be cheap but you have got to protect your property and investments from fraud and abuse.

Having a low performer in your portfolio for the benefit of your parents, from what you've described above, is priceless.

A lot of our rehab clients set up construction management companies and run the draw deposits through their business account and then leverage the cash flow of the draws to get the additional business line of credit to use as gap money. 

I am deciding between a gut Reno/addition and a tear down to the basement.