I've had an offer already for $5,000 over my purchase price at a simultaneous closing as well.

What may be learned from practicing real estate law, while simultaneously investing (and learning) as you go, is a very good path.

So they are running simultaneously.

A double close involves purchasing a property wholesale and then “flipping” the property to an investor that same day; thus the double closing -- the wholesaler's closing is nearly simultaneous with the end buyer's closing.

I would simultaneously get your real estate sales license and start brokering deals on the side.

Hey William,Here's a general timeline and order of operations for a cosmetic rehab project for a 3 bed, 2 bathroom property that involves minor exterior work and mostly cosmetic interior finishes including new kitchen cabinets, bathrooms, interior paint, floor finishes throughout.Cosmetic Rehab Timeline (Exterior & Interior Simultaneous Crews) Other Considerations:Simultaneous Exterior & Interior WorkThis schedule assumes 2 crews on-site to start the project, one crew starting the exterior work, while another crew is working on the interior finishes for a total of 32 Calendar days (crews working weekends).  

However, I do think I can save enough money to get my first deal, and I think while I save, I can simultaneously learn a lot about investing as a whole.Do you think I should begin by getting some rental properties under my belt, or is wholesaling also a good way to go?

Leverage has been consistently touted as one of the primary advantages of real estate as an investment, because it can theoretically allow you to grow your wealth at a much faster rate than using just your own money.Say you have a project that costs you 100k.You could do this one project with 100k of your own money, or you could put 20k down, get a lender to finance the remaining 80k, and do 5 projects simultaneously.

It is my understanding that if you exchange (outside of the 1031 code which allows for cash to enter the transaction under certain rules) you can do a simultaneous exchange without tax consequences.

@Hayden Wright this is why finding the deal AND finding the capital is important to do simultaneously.