Advice for newbie not quite ready to,pull the trigger
Hello all. I am just a couple Months in to my new quest in the real estate investment world. Looking to "start out" by flipping single families. I have been extremely motivated in reading books, watching video's and reading conversations here, but I don't think I am ready to pull the trigger just yet . I am looking for some advice on a property I saw that, on the surface I think it looks like a winning deal. What's the "right" or a good move from here?
I have not yet secured outside funding, but, I own a home now that I live in w/ 70k equity, very good credit, work full time (65k)
Found a home in pre-forcloser 3 bed 2 bath, in ground pool that is estimated at $303k, Zestimate $341k, needs minimal work (5k mostly landscape ), 10 comps in area from 300-420k.