Need advice on 4 plex acquisition

[Kanwar Sodhi]

Hey BP,

My wife and I bought our second investment in Georgia, SFH with 3 beds and 1 bathroom.

We had a good chunk down, 25%, and now are saving up for the next one.

We came across this solid 4 plex that just popped up and being it's on the market for 2 months now, we can definitely play with negotiations. However, to get this property, the lender says we need to put 25% down on this $270,000 property. With closing costs, that's approximately $70,000. There are some repairs needed, possibly $10,000 per unit.

3 units are still rented out, 4th one just went vacant. (Renting at $600 each -> rental market there can get me about $700 each when updated)

There's got to be away to acquire this and BRRRR it in some sort of way.

Any and all suggestions are welcomed!