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Steve Witkoff: “We bought it with a $165,000 Freddie Mac mortgage.”

Featuring: Steve Witkoff, Republican | U.S. Special Envoy to the Middle East | National

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Stuart Miller & Steve Witkoff | Real Estate Impact Conference 2026

Published | Video Starts at 15:11

I want to be one of those guys. You know, we. The first building that Larry and I bought was 164 Sherman Avenue. We paid 180,000 for it and We bought it with a $165,000 Freddie Mac mortgage. And we put up like $20,000 in cash and we thought we knew what we were doing. You would just go collect the rents and. And it didn't quite work. (15:11–15:21)

CLAIM

Asserts the use of a $165,000 Freddie Mac mortgage for the purchase.

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