When do you want to stop studying and get started? ? ? ? ?
As an investor you will continue to learn new things every day for the rest of your life! ! ! (There I said it)
Now depending on the characteristics of the first home you see that might be a deal will define what method you use to acquire the property!
And depending on what you need to sell it for and how much you want to make will define how quick you do this and by what method!
I know your thinking “Your talking in riddles” not exactly but what this says is start looking, playing the process through in your mind based on the first house you see, then determine whether you need additional understanding of use of a specific method?
By doing this you can start viewing properties and theoretically how the buying and selling process will work and what you still need to do for this deal, then you can worry about your second deal when you get to your second deal.
There is so much to learn in real estate investing that you could go to seminar classes 4 or 5 days a week for a year or two.
I can think of the largest guru universities and if you had the money and they scheduled classes back to back with a day off in between each class, weekdays and weekends you could still be taking classes this time next year!
I am a believer that you should jump in and invest as your learning.
My very first property was a “No Money Down” landlord property, a rental.
But how about just a clean easy deal of “Buy Low / Sell High” using basically conventional methods just to get your feet wet? Just a thought!
I know that’s not as much stress, hassle, head aches and sleepless nights and you don’t get to use the “End around double assignement short sale double close private public quick close method” but it could be a little fun!
That way you gain some confidence, make some money and experience the process.