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All Forum Posts by: Michael Spindler

Michael Spindler has started 32 posts and replied 70 times.

Post: What is the best way to finance a deal as a beginner?

Michael SpindlerPosted
  • Stamford, CT
  • Posts 78
  • Votes 13

@Michael Tal

Why are you against this?

Post: What is the best way to finance a deal as a beginner?

Michael SpindlerPosted
  • Stamford, CT
  • Posts 78
  • Votes 13

@Lori Greene

Excellent advice.. very much appreciated! Where are these advertisements? Bigger pockets?

Post: What is the best way to finance a deal as a beginner?

Michael SpindlerPosted
  • Stamford, CT
  • Posts 78
  • Votes 13

@Lori Greene

Are investors open to a 50/50 split when you have no experience? The other option is to find these experienced investors, find a great deal and let them take the lead while you learn from them, ultimately taking 10-20%.... thoughts ?

Post: What is the best way to finance a deal as a beginner?

Michael SpindlerPosted
  • Stamford, CT
  • Posts 78
  • Votes 13

@Michael Craig

I’ve definitely at least the thought out the option but it’s not an ideal living situation for my family.

Post: What is the best way to finance a deal as a beginner?

Michael SpindlerPosted
  • Stamford, CT
  • Posts 78
  • Votes 13

@Joshua Young

Are most experienced investors open to this idea of having somebody like myself shadow the project and take a cut for just finding the deal?

Post: What is the best way to finance a deal as a beginner?

Michael SpindlerPosted
  • Stamford, CT
  • Posts 78
  • Votes 13

@Sam Shueh

I’m going to join the army just for a better mortgage payment? That doesn’t make any sense

Post: What is the best way to finance a deal as a beginner?

Michael SpindlerPosted
  • Stamford, CT
  • Posts 78
  • Votes 13

@Kyle Jey

One idea that stands out from J Scott’s book is to bring a investor in on a great deal you found. In return you only take 10-20% of the profits and essentially “ shadow the project from beginning to end” .... thoughts on this?

Post: What is the best way to finance a deal as a beginner?

Michael SpindlerPosted
  • Stamford, CT
  • Posts 78
  • Votes 13

I’m reading J Scott’s book on flipping houses, hopefully to do my first flip within the next year. As a 23 year old my biggest question so far is , how will I fund a good deal? With my finances around 1,000 in savings and yearly income at 66,000, solid credit score with very minimal credit card debt. What would be the best way to finance a deal considering all this information?

Post: J Scott’s book on Flipping Houses

Michael SpindlerPosted
  • Stamford, CT
  • Posts 78
  • Votes 13

@Manmath D.

Thanks man!

Post: Connecticut Real estate investors association

Michael SpindlerPosted
  • Stamford, CT
  • Posts 78
  • Votes 13

@Chris Puglisi

I apologize I don’t see it in the events page! Is there a link you can send me? Thanks a lot