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All Forum Posts by: Luke Reid

Luke Reid has started 1 posts and replied 4 times.

Post: Looking to invest in NC or SC

Luke Reid
Pro Member
Posted
  • Realtor
  • Statesville, NC
  • Posts 4
  • Votes 0

@Ryan Briggs I’m a REALTOR as well as an aspiring investor myself based as our 30-45 mins from Charlotte,NC and have lots of experience helping investors and am looking for my first deal. I would love to connect and see if we can help each other!

Post: Real estate agent investor

Luke Reid
Pro Member
Posted
  • Realtor
  • Statesville, NC
  • Posts 4
  • Votes 0

@Natali Goenaga I am a agent/investor in that market. My office is in Statesville but I work all over the state! I would be happy to help!

Post: BRRR Financing for Beginners

Luke Reid
Pro Member
Posted
  • Realtor
  • Statesville, NC
  • Posts 4
  • Votes 0

Thank you for the responses, I will definitely look into getting a 203k!

Post: BRRR Financing for Beginners

Luke Reid
Pro Member
Posted
  • Realtor
  • Statesville, NC
  • Posts 4
  • Votes 0

I am just getting started in Statesville,NC and my question is, will banks lend primarily a FHA loan on a property that needs work? I am trying to do the BRRR method. I have not raised any private capital because i have enough for a down payment and rehab if i can get an FHA loan. I currently do not have an FHA in my name and my credit is right at 700 and building (im only 20 lol) Bigger Pockets has helped me a lot so far with learning everything and now i am trying to take action with what i know. Thank you all for your help in advance!