All Forum Posts by: Ryan Fox

@Michael Frabotta- It's better to purchase with today's numbers.  The deal should make sense with today's interest rates, because no one knows when rates will fall, and if the do fall, how much they will fall.  

@Diane Tycangco- Get a public adjuster.  Check with local investors to see who they recommend.  And file your claim ASAP so the claim will be processed quicker.  

@Ian Morales- Welcome!

@Joy Scher @Brock Dowis- If you're still looking for an attorney these are things my firm can assist with.  

@Michael Plaks- Does the above still apply for 2023?

@Ana Vhan- Contact the Washington State Bar or your county bar association and there's likely a no-cost solution for you..  

@Bill Springer- Consult with your local attorney about it, but I would think you could file a second eviction after they fail to pay the next month's rent.  Put the pressure on them to handle the logistics of responding to two evictions.  This is something that can be done in California to expedite the process.  

*Not meant as legal advice.  For informational purposes only.

@Michael Wachel- In California, where I do evictions, it was more about making sure that you provided the tenants notice that they could apply to the government for financial assistance to pay rent.  If you failed to do that, and then filed to evict for failure to pay rent, you couldn't get an eviction.  It was further complicated because the rules / forms you had to use kept changing every six months.  

following

@Terry Clifton- If you did a cash out refinance of your 2-family and combined the 375k + 100k + 45K + 85k, your monthly principal & interest would be $4,025.

As is, you're paying $2600 (mortgage) + $2500 (credit card) + $188 (HELOC) = $5,288.

If you instead paid off $30k of your credit card debt with the HELOC, that would only save you $550 / month, and it doesn't sound like you'd be able to pay anything more than the minimum balance on the credit card, so the credit card debt would continue to grow.

It seems that doing the refi would make sense, although I'm not sure what a "partial claim lien" is.  Is that a silent second mortgage from a prior loan modification?

Best of luck to you, whichever way you go.