Im looking to do the exact same thing with a body I just ordered from warmoth. So am I understanding correctly that I should not do the dye over several days before I laquer it? I originally was planning on doing black first to expose the texture (sanding it down after about 20 - 30 min of drying), then a color burst (greens). Then wait for it completely dry before I put a lacquer on. I assume you mean don't dye it, dry it completely, and apply more dyes?
Also, can you make a good recommendation on which product you'd use for clear coat at the end of using water based dyes? I would prefer something super clear and durable.
One more question, is it necessary to hit it with some oil after it's completely dyed and before you put your clear coat on?
Sorry for the dumb questions... this will be my first project.