Hey I'm a gay virgin and I'm kind of tired of being a virgin...I want to lose my virginity but I don't want to lose it through a hookup. The sad part is that I'm too busy for a boyfriend, and I don't have many gay friends. I want to have sex, am I over thinking this?
Perhaps. We are what we spend our time doing. If you are too busy - and I am accepting that you really are - then you may not be ready to move beyond the thinking about it phase. On one hand just don't have your desire is saying, "I want to do this," but something is saying , "Only do it in a certain way or it will be unacceptable or bad." Then you move to, "I really don't have time to do it the way I think it needs to be done."
Okay. That may not be working for you.
I can only speak for myself. When I was a young adult virgin, looking to have intercourse the first time I wound up going 650 plus miles to New York City to do it. It took a little effort, and the hook up style experience did not go as well as I expected - it was pretty bad actually. Still I found it encouraging. I was glad the guy was a one off. I never saw him before we hooked up (well, 2 minutes in a bath house) and I had no desire to bond with him after he had his way with me. Maybe it would have gone better if we had known each other better before we did it, but maybe not. I was glad I owed him nothing. I learned from the experience, and it got really good really fast for me in terms of sexual satisfaction.
HOWEVER - Times were way, way different then. Being tagged as a queer (and for the record - "put one cock in your mouth one time and you are forever a cocksucker," was the mantra of the day) was career ending for many, many people. State and Federal governments would not look at you for a job and would fire you if they ever found out later. Therefore the bath houses, arcades and seedy bars had a useful place for many of us.
Now, guys cruise on line, at clubs, even at work (depending). The social and career stigmas are falling away.
That said, I would if I were in your place try on line reach outs. Be up front about your lack of same sex experience and be clear about what your expectations are i.e. safe, limits respected, etc. Arrange a meeting in a public place and over coffee and a bite to eat talk to the guy and get a sense of who he is. Perfect may be hard to come by, but really good isn't that hard to find. Then go and hook up. Maybe a friendship will develop, maybe you'll be hook up buddies, maybe he'll turn into the love of your life. Or not. Still you have to be a bit pro-active and take a leap at some point. That doesn't mean you can't be wise in your choice, but you may want to consider that yes, you're overthinking this a bit.
Every first time in life usually requires facing fears (maybe too strong a word?) and moving forward. Maybe you're really not ready, maybe you are. Only you will know, but my experience is that when you want to do something, you usually find a way to do it.
Good luck.