To invest now or hold off?

[Nicholas Llapur]

Hello! I am new to BP and RE in general and I am wondering if now is a good time to begin investing in the Atlanta area. My fiancée and I are currently looking for our first home (to live in). Being that the market is so hot right now, we are considering holding off purchasing a home to buy and maybe start investing first while we rent another year or so. I am afraid that property values have risen so much there is a high chance of losing money with purchasing now. As of right now we have about 85k saved between us both and wondering if that would be enough to BRRRR in this market or if we should continue to save another year.