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All Forum Posts by: Jonathan M.

Jonathan M. has started 4 posts and replied 6 times.

Quote from @John Barrett:

@Jonathan M. I would suggest you start getting some legal representation and then talk to the previous owner.  This will allow you to go over the next steps of the process now that the property has been officially foreclosed.  Be aware that owners usually have period of time in which to reclaim ownership of the property.  This may not be something you are concerned about but it is important to know the laws / rules.

With regards to going through the eviction process, this can take some time.  It depends on both how backed up the court is and how aggressive the defense is for the previous owner. Housing Justice Project has been pretty aggressive with their tactics to delay lawful evictions in a lot of cases.  If possible, I would suggest looking into negotiating a cash for keys option.  This is likely going to be your fastest and least expensive option.

John


Thank you John! Do you have an eviction lawyer recommendation in Snohomish County that you've worked with in the past?

Quote from @Sam Shueh:

You start with a real estate attorney. Owner needs to legally serve squatters through the professionals.  Go to court let judge to decide. Easiest is offer cash for keys. Many do want a lot to move out.

Thanks Sam!


Hello, I purchased a property in Snohomish County in Washington State at the auction. What's the best and fastest way to evict the owner? She's not happy and may be difficult to work with.

Hello, I purchased a property in Snohomish County in Washington State at the auction. What's the best and fastest way to evict the owner? She's not happy and may be difficult to work with.

Has anyone used a business line of credit to put money down on a hard money loan to buy a flip? Trying to find new avenues for funding because I missed out on a recent deal because of lack of funding and don't want that to happen again. Would be happy to hear if you've had any experience with this.

I own a small family real estate brokerage, should I buy flips thru my brokerage LLC? I have credit already established and want to make it less complicated. I would be listing and buying the homes for flips but don't know if it's worth using another LLC to buy the homes? Would love to hear some of your thoughts on this. Thanks.