Me and my friend have lived at home for more than a year and have saved up enough money to buy a house and move out. We are looking for a good deal but the area we are trying to move to doesn't seem to have to any amazing deals. I'm sure we might find something once we get a real estate agent and start aggressively looking. I'm curious though, is it a bad idea to buy something that isn't a deal and won't cash flow that much if you're house hacking and just trying to get started? Would it be better to rent somewhere while we look for a deal? We are very anxious to get started on our first property and don't want to start off on the wrong foot.
Just keep looking and saving that cash.