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.