All Forum Posts by: Lisa Clouse
Lisa Clouse has started 17 posts and replied 44 times.
Post: Turnkey Property Sinking

- Richfield
- Posts 49
- Votes 1
Hi everyone,
I need help! I am looking for any suggestions on this topic. I am an out of state investor. I bought a turnkey property in St. Louis over a year ago. Did my due diligence, had an inspection. The property management that came with the property was fired in January of this year. I got a really good PM and found out in March/April when the tenant was evicted that "The main level bedroom has cracks along the wall and windows and the subfloor is soft and damaged. They noticed the same thing in the upstairs bedroom right above. While there is sagging of the floors, there is also sagging of the ceiling and other things that we noticed."
Now, there was nothing stated in my inspection report about this issue. The seller I would think would've had to know about it during their inspection when they purchase the property or they didn't care.
Any suggestions?
I have emergency funds set aside but not for this situation. Any suggestions for this as well?
Post: [Calc Review] Help me analyze this deal

- Richfield
- Posts 49
- Votes 1
Thank you Tim for this information. I really appreciate it! I will add this into my expenses.
Post: [Calc Review] Help me analyze this deal

- Richfield
- Posts 49
- Votes 1
*This link comes directly from our calculators, based on information input by the member who posted.
Post: Turnkeys using creative financing

- Richfield
- Posts 49
- Votes 1
@Frank Scappaticci
I would be interested in this as well!
Post: Has anyone heard of Mrs Jane Bitcoin Investment ?

- Richfield
- Posts 49
- Votes 1
Hello everyone
I was wondering if anyone has heard of Mrs Jane, Bitcoin investment? Is she a scam?
Post: Loan for down payment and loan for mortgage

- Richfield
- Posts 49
- Votes 1
Thank you for your responses!
Post: Lima One Line of Credit

- Richfield
- Posts 49
- Votes 1
Hi everyone
I would like your input to a situation I have.
I contacted Lima One for a prequalify. They said they could that. So today I find out that they pulled my credit report and need me to finish the required paperwork that’s left to do for underwriting. I wanted to find out what I qualified for first so I would know what I had to work with and I still don’t know. Should I proceed not knowing what the amount is? I would like to get my first property this year but I don’t want to get an amount that I can’t purchase with and then I have to take another hit on my credit report for someone else.
Any suggestions would be appreciated!!
Post: Loan for down payment and loan for mortgage

- Richfield
- Posts 49
- Votes 1
Hi I’m a newbie trying to get my first deal and have the following question. Has anyone done a Loan for the down payment and another loan for the mortgage for one property such as a turnkey?
Post: Im working on my first flip. I need extra money

- Richfield
- Posts 49
- Votes 1
@Tom S.
May I ask who is SoFi?
Post: I Invested in flip out of state! Help!!

- Richfield
- Posts 49
- Votes 1
Joe Herrera
Joe Herrera Real Estate
Out of Utah.