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All Forum Posts by: Chad Benjamin Haywood

Chad Benjamin Haywood has started 3 posts and replied 6 times.

Post: Selling Duplex Rockingham NC 28379

Chad Benjamin HaywoodPosted
  • Rockingham
  • Posts 7
  • Votes 0

Message me if your interested in purchasing this property.

102 & 104 N Long Dr Unit Rockingham NC 28379

Listed with Thomas Realty copy and paste in URL to view the property and schedule a showing. 

NChttps://www.thomasrealtysold.com/property/nc/rockingham/28379/not-in-subdivision/102-104-n-long-dr-unit/63eadae0991e0e1265a0032a/

Post: Question about purchasing two properties

Chad Benjamin HaywoodPosted
  • Rockingham
  • Posts 7
  • Votes 0

Thank you David M. for your feedback. I will go speak to few local lenders.  

Post: Question about purchasing two properties

Chad Benjamin HaywoodPosted
  • Rockingham
  • Posts 7
  • Votes 0

Hello everyone, 

Two questions... I want to sign up for the Pro membership does anyone have the discount code? In addition to that question. I am almost finished with my first book of Brandon's and my uncle has offer me the deal of a lifetime. I have ran the numbers and everything pans out with positive cash flow. My question would be how do I prepare for a bank loan if he is selling me a four plex and a duplex? Can I get a loan just for them both as one  or do I need to prepared them as separate?  This would be my first real estate investment.  Thank you in advance for helping me on this topic.  

Originally posted by @Stephanie P.:

@Chad Benjamin Haywood

Don't worry about an LLC unless you have significant assets. Until then, get a good umbrella liability policy that will protect you in case someone slips and falls etc...

 Thank you for your feedback.  I value your response to my question. 

@Patti Robertson & @Cameron Tope Thank you both for answering my question. My short term goal is to house hack to get my first property. I then want to use the stack method and double the property purchase every year until I reach 60 units, which will allow me to be in a position of financial freedom.

My goal is to house hack a duplex no later than October of this year as my first rental property purchase. My question is, should I start an LLC before making that purchase. I am in the process of reading Brandon's books. So forgive me if this question is answered in the books. I wanted to ask everyone why it was on my mind.