All Forum Posts by: Michael Medeiros

Will do, thanks Jeff! 

Excellent, thanks for the quick response Justin! 

Has anyone set up a solo-401K for a real estate investing business?  

Seems like a great option but as a buy and hold investor not sure how I get around the "earned income" requirement... any thoughts or resources in the RI / MA area would be greatly appreciated! 

Hi Brandon, 

I buy properties in Newport county.  Hit me up if you have any deals in that geography.  Thanks! 

Anyone ever use a company call Seed Capital LLC for funding? Seems like they pool a number of business lines together. Thanks!

Thanks guys, like the debate and information.  Since I first posted I have implemented a similar approach for renters that are new, have credit issues, etc... I keep them "60 days" in advance.  

My legal advice is that this is most likely fine but is a bit of a gray area in RI.  

How about pet deposits?  I was told these are illegal in RI but again seems to be a bit of a gray area, any thoughts?  

Thank you John and Tammy.  

John, I will be giving you a call but would still like to hear if the community has any feedback on your company and product.  

Curious if folks have any experience with a company called Synergistic investments and if they are reputable?  Thanks! 

Thanks for the info.

CK i'll give Scott a call on Monday, thanks for the lead.

I"m looking to take $ out of an investment property I purchased recently- checking to see if folks have any references/ sources outside of traditional banks.

I have $150K 1st mortgage, appraisal at $369K but have only recently purchased the property. I've been told I need to hold house for 1 YR but thought it's worth asking the BP community.

Thanks!