No offense but you are probably just another blind monkey
Save up some cash and get some quotes to fix things up.
It sounds like you need a 100/125 amp sub panel fed from a breaker in you main panel. Maybe get an electrician to do that part. Maybe he will tutor you on how to start replacing the knob and tube circuits.
A relative just bought an old house with some K&T. Their insurance company gave them 45 days to replace it or they will drop the coverage.
Can they find a carrier to insure it? Probably...who knows? All I know is that this one required the K&T be replaced.
On a side note, I thought there was NO way that this house had K&T. It was built in the early FIFTIES!! I have only seen K&T in houses from the 20's/30's/early 40's. I didn't believe it until I saw it with my own eyes
Yea, my situation isn't as bad as I thought. I'm just a worry wart. I'm going to use the rest of the slots in the old breaker box to relieve the stress on the circuits that need it. When I get my tax return I'm going to buy a new 200 Amp, 40 slot, breaker box and start working on getting this house straightened out. I just spent the day moving the washer and dryer connections to a different wall and tomorrow I'll finish up the electrical and drywall. I'm exhausted. That's some hard work but I enjoy looking at the results at the end of the day. Thanks guys. I love this site. Everybody's very helpful.