Far too many get stuck in the "paralysis by analysis" stage, thinking they just don't know enough to get started.

Currently in the finishing stages of a property I bought in September to BRRRR, but it looks like I'm going to lose a little money monthly when I do the cash-out refi in a couple months.

Get pre-approved for financing: Before you make an offer, make sure you have your financing arranged to make the process smoother and more attractive to the seller.2.

hello, this is my first post and I'm in the beginning stages of learning about real estate investing. 

We are on our small towns sewer, but it is a lift pump with a 2 stage holding tank.

Thanks Nathan, I'll add that to my reading list though I am a bit concerned about the practicality of knowing advanced strategies at this stage (at the least, it will grow my knowledge). 

RESPA Section 8(a) prohibits kickbacks for business referrals related to or part of settlementservices involving federally related mortgage loans. 12 USC § 2607(a); 12 CFR § 1024.14(b).RESPA Section 8(b) prohibits unearned fee arrangements, i.e., splitting charges made orreceived for settlement services, except for services actually performed, in connection withfederally related mortgage loan transactions. 12 USC § 2607(b); 12 CFR § 1024.14(c)."

A house hack is like that beginner run (but BRRR'ing, wholesaling, and out-of-state investing are more like double black diamonds).The fact of the matter is: real estate is often a high-stakes endeavor, and the more advanced strategies (like BRRR'ing, wholesaling, flipping, out of state investing, etc.) can easily bankrupt a beginner when they're executed poorly.Plus, HH'ing is an ideal strategy while you're young...when you're in your 20s/early 30s, it's pretty common to live with housemates (or to live in a duplex next to your tenants), but this arrangement becomes much less feasible once you get further into your 30s/40s (especially if you start a family).Now, having said all that, house hacking is not necessarily easy (if it were, everyone would do it!)...

As an Interior Designer/Project Manager who’s done Home staging I’ve  had to work with flip houses that lacked forethought and or quality execution for some realtors trying to market that basic “lipstick on a pig” approach and I wish their flip investors had called me from the planning phase…You may not need an Interior Designer to oversee every step of a renovation but what I’ve been asked to stage after poor choices in style, colors and materials it can be painful. 

Far too many get stuck in the "paralysis by analysis" stage, thinking they just don't know enough to get started.