General Knowlege Question

Unfortunately....Ive never actually been involved with a real estate transaction from start to finish. This fact leaves me with a ton of questions ....for example the exact time when the lender needs the check for your down payment to purchase real estate. I do understand that every transaction is different and things can be manipulated within the limits of the law, which leave the possibilities endless for transaction variables. I just need to know the basics like a pretty detailed desciption of a typical transaction and a time line of when things generally take place.

If anyone knows where I can find a easy to understand book or website with this information or if you can supply it yourself it would be greatly appreciated. I just dont want to learn the basics the hard way and end up making a mistake i regret for ten years.

Also does anyone have any suggestions on what type of transaction to do for your first deal.

Thanks Guys cool grin

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