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Analysis-Paralysis. Advice for Beginner in Pittsburgh, PA
I'm having some troubles figuring out what's next. I feel like even if I found my dream deal, I wouldn't pull the trigger and buy. I'm hesitant, because I want to reach a nice nest egg of about 5-7K to pay for down-payment, closing costs, and immediate unforeseen issues (i.e. job loss).
I want to house hack by buying a low-cost, fixer-upper, multifamily, rehabbing, renting one and living in a vacant, refinancing, then using the equity gained to cash out for the next investment.
Do you have any suggestions? At the rate I'm saving now, I wouldn't be able to purchase until next year. Please help, if anyone has been in this position. I'm sure I can't be the only one out there, help us out BiggerPocketers.
As always, thank you in advance.
Kashiff