<prompt> Human: I previously posted here but I believe that I may have not done myself service on how I represented my current situation. So here goes round two.Im 24 and recently graduated from Kent State University. For the past 6 months Ive been working for a high volume, industrial, HVAC contractor as an IT Specialist. Im paid about 33,500 there. Ive been living at my parents since I got back from school saving money and working, although I didnt save that much. I was paying rent with them, which really accounted for my effect on the utilities.Right now Im currently couch surfing with some good friends. I worked a deal where I pay them 50week to sleep, shower and do my laundry. They said not to pay but I told them that Id like to offer them something, which I think makes deals with friends much more black and white, meaning easier. Ive been looking for places to rent and not coming up with anything more than barely acceptable within my range of 500mo. So why not buy?Im going to breakdown my current financials. Afterwards, Id like to explain my plan, and then the current proposed deal in front of me. Is it a good idea to explore this buying option more, financially?___FinancialsIncome: 1900 netmo.Cash: 1100.00 in liquid savings, 900.00 bills account, 250.00 spending accountExpenditures:- Car Payment: 168.00- Car insurance: 105.00- Motorcycle: 130.00- Motorcycle insurance: 35.00- Student Loans: 535.00- Cell phone: 80.00Debts:- 7600.00 on Car- 7500.00 on Motorcycle- 120000.00 student loans ... I know...- 1800.00 on credit cards___PlanIve found multi-family homes in decent neighborhoods. I figured a two-unit 4 bd 2 bath could make living more affordable and fulfilling.OHFA gives good loans to first time home buyers, they also give of Grants for Grads, a program where the state grants the buyer 2.5 of the final sales price; to be used for closing costs or down payment. The Grant for Grads program is available for up to two years after graduation 1.5 yrs remaining for me. The loan also needs 3.5 down payment and 4.5 closing costs, but 6 can be paid for buy the seller. I was approved for 65,000, while not much, it still puts me into a decent home in a okay neighborhood.Okay so at 65,000 here is what the numbers come out to all numbers are approx.:- 310.00 Mortgage Principal and Interest- 350.00 Property Tax in Area- 350.00 Median Utilities in Area- 150.00 Insurance guesstimate- 150.00 Maintenance Fund guesstimateAgain, Im not totally sure about insurance and how much I should be setting aside for maintenance, but the other numbers are pretty accurate. All of this breaks down to about 350mo.person in the house, which I rounded up from 327.30. So even if I didnt attempt to make any money Id still be living cheaper.Alright youve seen the master plan. What do you think?EDIT: Youve convinced not to buy, for awhile. It looks like the best course of action is to rent cheap, save for emergency fund, pay off consumer debt, pay off student loan debt, buy a house. Looks like Ill be homeowner when Im in my late 40s. Thanks to everyone who gave me some common sense.Assistant: So why not buy?Many reasons. First reason not to buy is:Cash: 1100.00 in liquid savings, The loan also needs 3.5 down payment and 4.5 closing costs, but 6 can be paid for buy the seller.Good luck getting the seller to pay enough to cover it. Even if they pay 6 you are 2 short, which your 1100 cash cant cover.Where are you getting furniture? Emergency fund? etc?Human: If I can get them to pay for closing costs, I can be 1 short because of the grant. Furniture I have some of a lot more from thrifting. The emergency fund is a big deal though. Do you think setting a model where I charge a little more to fill an emergency fund for the house is smart?  <response>: So youre going to buy a house and have 0 in the bank? How will you pay deposits to get utilities turned on? What if something breaks in the first month? What if you have to pay all your RE taxes up front? 