Or am I missing something?

Or am I missing something bigger?

We don't have enough money for the 20-25% down, but don't want to miss this deal.

Saw a handful in my area that are not owned by larger players and was interested if approaching these owners to buy their leases would be worthwhile or if I'm missing something.

This is the quick math I put together:Buying my own home = 400k = 10k in buying commissions.Selling my rental property = 300k = 9k in commissions for the selling broker (I account I would need to pay 7k in commissions to the buyer's agent)Buying another investment property = 8k in commissions.Assuming I would split my earned commissions with my future managing broker, in the 70/30 ratio, it means I would earn 19.000$ in commissions just with my own deals.I would appreciate any advice or suggestions on this strategy, it seems too good to be true and most likely I'm missing something. 

I asked about the escrowing as well and they said that it should be shortened, but that it will be reflected in the final docs....which I thought these were, that's why I needed to sign them before closing in person.I appreciate the help all, I want to triple check these things as I'm working a W2 job, also just did a HELOC on my rentail property and might be missing the details.

Is there anything that I might miss out on do to the fact that I have one?

And penalize him for missing these marks - perhaps placing new tenants for free if tenants do not last X number of years before leaving or having to be evicted, sharing in damage costs beyond normal wear and tear, etc. 

Hello all,I am looking at making my first REI and finally found a property I am extremely interested in but wanted to make sure I am not missing anything.

The potential tax savings I'm calculating after solo 401k deductions appears to be enormous versus not opening the business at all and I can't help but wonder if I am missing something?