@Mitch Davidson I purchased a property recently and closing in May.

Hi all,I am a young newbie investor looking to make my first real estate purchase in 2025.

May not sound like a big deal but i tried to create the account under my biz and purchase a sub-to through the account, and lack of outbound wire was a killer for me.

In short: $4.25M Purchase Price. 15% down. 3.25% with seven years remaining. 

I've definitely made some mistakes here but I'm going to be very candid with the info on the deal, so please go easy on me haha.My brother and I purchased a property on a large lot in Culver City CA in 2020 that was essentially a tear down. 

I wouldnt give any consideration to what the seller needs in order to break even in determining the purchase price.

Beyond real estate, I have a background in media production, including event setup, documentary filmmaking, and television production during my time at PBS CET.

If we include investments in mortgage loans (trust deeds), real estate partnerships, REITs as well as direct property ownership, I’m at about 80%.  

It seems like it "should be" good with some good features for the price (specifically I'm looking for an easy way to sync pricing across platforms including my website).  

To defer all tax you must purchase in total at least as much as your net sale.