I know the usual approach to poker hands using combinations. For example the probability for a pair in a 5 card hand is
$$\frac{{13 \choose 1} {4 \choose 2}{12\choose 3}*4^3}{52 \choose 5} $$
I have some lecture notes that line out a different permutation based approach using
$$ \frac {{5\choose2}*52*3*48*44*40}{52*51*50*49*48}$$
to derive the probability of a single pair. First the position of the pair on the hand is chosen, then cards are put into those positions. For the first card there are 52 ways to do this for the second 3 to get a pair. For the third card one rank is striken, thus 48 possiblities and so forth.
I would like to use this approach for a two-pair and came up with the following:
$$ \frac {{5\choose2}*52*3*{3 \choose 2}*48*3*44}{52*51*50*49*48}$$
However this overcounts giving me twice the true probability. I don't understand why this is the case.