purchasing home, have a question on do i need a realtor?

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first a little background- So we found a house we like through a family friend. Are intent is to buy the house, live in it and fix it up over 2yrs then either sell it or rent it out. Either way it will generate more profit for our home in the future, since there is nothing in our market we want now and we are at a point in our current home where anymore work we do we wont see the return so it makes since to us to sell.

So the seller has a contract with a realtor so they have to go through him.(2k he gets regardless of sale price, so a flat fee) We offered them a price that they accepted, verbally, and when we were talking to him he said that his realtor told him to have us come in a put a purchase offer in on paper so its official.

I have a few questions id like to ask on what order we do things, or what thing we have to do for that matter.

Should we be using our own lawyer or realtor to handle anything, on the buying side? And if we go in and have his realtor give us papers to sign and what not will we own his realtor anything or does the contract they have with him include the paper work for buyer? If we have to pay him for his services then we might be better off getting our own realtor im assuming?

And we plan on selling our house, but our plan is to get approved for the mortgage (it will be our second primary house mortgage with the hope our house sells in 1-2 months months so we have time to do the things we want to do before we move in (update electric to 200amp, and put in new kitchen)

So we will be taking on 2 mortgages for a few months, we have the money available to cover them both for a while if need be, or we could take less for our home if it came down to it and still come out ahead.

Wondering what steps to take, I don't see why we would not get approved since the house is only 25k we are buying and we have more than that in equity in our current home. And we have the money to cover the repairs we want untill we sell our house and get the money back and we both have steady jobs with great credit.

So what order do we do things? Get a preapproval from a lender, then call lawyer or realtor or use there's? Then list our house once we know all is good and we can get this one? Am I missing something here?

Thanks ahead of time for any responses!

We plan to getting a 20 yr mortgage on the place and want to put as little down as possible that way we have more to put into it and can still get another rental unit this summer, so we might even go the 30yr route but I think that's only a difference of around $35-40 a month so the 20yr makes since.