At present time you do NOT have a fully executed document/lease.

For credibility purposes, you'll want to the have the contract already executed or partially executed.

I am getting ready to execute on a direct mail marketing campaign for off market properties to zip codes in the greater Milwaukee, WI market after reading, listening, and watching Jerry Norton, Pace Morby, and many other local investors.

That way you can turn around and do a sale lease back on the building, recapture your capitol and execute essentially a BRRRR  with your own business and property.Generally though many properties that will be the ideal locations for a restaurant will likely not be available for sale, they tend to be ideal single tenant free standing buildings that are quite desirable and have many end users that would be interested.Something you don't want to do in this situation is to make sacrifices on the location/market of your restaurant just to purchase the property. 

Ultimately the lender will require a personal guarantee from the borrower unless the property qualifies for non recourse financing (which is rare and generally applies to larger transactions than those contemplated or executed upon by BP forum posters).

Investment activities, not REPS hours.3) Getting to close after the contract is executed:  Working with title and escrow agents and lawyers; property inspections and walk-throughs; working with construction contractors if it's a new build; working on financing with a lender if borrowing or with an investment advisor if paying cash; working with a lawyer or registered agent to set up an LLC for the property; signing closing documents.  

Hi folks,I found a great deal but do not have enough cash to execute.

We sent over a simple form to execute the option, but tenant says they work with a broker on their real estate leases.  

The easiest to execute will be the single family or multifamily long term rental.  2nd easiest is the Short Term Rental.  

They are no better than their success stories so they want you to execute.