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First time buyer

Hello everyone, My family and I are trying to buy a quadplex (2 separate duplex buildings being sold as a package deal, $72k each) and I have a potential tenant that’s a family friend that has income and is willing to pay $700 per month. I have $60k combined savings for this quadplex. To clarify, both buildings are being sold separately, but the seller would like to sell them both as a package deal. This is my first time buying property and I have no idea what to do and I’d like for someone to explain the process of acquiring property. For example, which loan do I go for? How much should I put down for this $150k package deal? I do plan to rent out the other units after I fix them up a bit more. Any advice would be helpful and appreciated.

submitted by /u/SnooMacaroons2048
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source https://www.reddit.com/r/RealEstate/comments/tjwjpi/first_time_buyer/
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