I just wanted to post some thoughts that I am sure have passed thru the site before, but I want to say also.
My thoughts are geared towards those still working up the nerve to do that first deal.
We read the books, we join the academy, we read some more, we go thru the forum with zeal gaining all the knowledge we can, but you know what? It's all for nothing if we do not act.
Stop waiting for the perfect deal, Waiting for the deal where you have every element in place. Folks, it's not going to happen. No matter how much you prepare, how much you plan, The only thing hesitation gets you is NOTHING!!
Get that deal close, many here can show you ways to get out of it, and yes, I think most here will agree that it is a rare thing for a deal to go totally as planned. There are constant "things" that come up. There is a huge support group here to help with that, but you know what, if you don't have problems to face it means that you did not make that deal. Problems are not a problem unless you let them be.
In the process of getting off my butt and actually making that first deal I lost so many good ones by hesitating. Am I a veteran of this, no I am not, but let me tell you, you learn very fast. Keep an open mind and deal with the bumps as they come.
My first deal is at the title company now and I am probably going to bid on my second in a day or so and I know I will get the house. I don't know who I am going to sell it to, I have no buyers list, to be honest I am not entirely sure how I am going to pay for it, but I do know this, I can make money on it and I will make money. The house is too good a deal to pass on, so I will most likely buy it. I suspect that many here, including Dean, have made many deals without all the details worked out. I also suspect those people would say the same thing:
Get off your butt, take action, and make that deal!!!!
Everything you need is here, but no one can make you do it, you have to take the first step.
Go make the deal, make money, make your future,