General Real Estate Investing
Market News & Data
General Info
Real Estate Strategies
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/hospitable-deef083b895516ce26951b0ca48cf8f170861d742d4a4cb6cf5d19396b5eaac6.png)
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/equity_trust-2bcce80d03411a9e99a3cbcf4201c034562e18a3fc6eecd3fd22ecd5350c3aa5.avif)
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/equity_1031_exchange-96bbcda3f8ad2d724c0ac759709c7e295979badd52e428240d6eaad5c8eff385.avif)
Real Estate Classifieds
Reviews & Feedback
Updated over 7 years ago on . Most recent reply
![Tony Whitaker's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/862437/1621504614-avatar-whitty.jpg?twic=v1/output=image/cover=128x128&v=2)
Landlord offered to sell quadplex
Hello everyone!
Our landlord offered to sell us a quadplex in Northeast Arkansas. It has 2 units with 3 bed 2 bath and 2 units 2 bed 2 bath. Rent is $800 for the 3bed and $700 for the 2 bed. Currently, my wife and kids live in one but we are transitioning to Texas so wont live there forever. It is being offered at $280k and is appraised at $312k. Area is near steel mills and dont stay empty long because of the industries in the area. Honestly, I don't have anything to put down and rebuilding credit from a layoff I went through 2 years ago. What are my options? If I have no options I get it.
I have always wanted to get into but never went for it as many others. I appreciate everyones responses.