Is this the way most real estate investors go aboutbuying houses or is this a more advanced way after you've had a few under your belt? 

Hi all,I’d like to get 1 purchase under my belt for this year to start my RE investor journey.

It’s not easy doing both but if it was, everybody could do it.Build your team, get one deal under your belt, learn from that, make edits and corrections to reduce the mistakes and timelines, then go do more.

While you are building up your reserves, this is a great time to network with your local community- you aren't a wanna be, you have a deal under your belt.

I have had several interesting conversations with:- other drivers on the importance of wearing seat belts- other contractors on the importance of being insured and bonded- other cheaters on the importance of keeping my phone away from my wife- etc.:)In case my sarcasm was not transparent - everything is optional until the stuff hits the fan.

He has a criminal record under his belt in the last 6 months and may still be under bail.

If you find a fixer upper that is going to be too much trouble with conventional financing or a seller really motivated by cash offer that would be the tool to reach for, otherwise use your other tool in your belt but making sure to keep whatever tool you end up using updated in your analysis and pro-forma. 

I had 2 househacks under my belt when I got my real estate license and helped a few newbie investors and realized I knew more than most "experienced" agents about multi-families and investment properties since I owned 2.

@George Blower Thank you so much for sharing this info.

Too many people want a deal under their belt and forget they have to enjoy living there too.