Additional I served on the executive team and had a minority interest in the company.

Does anybody have an executive summary template they use or suggestions of any.

I'm hiring a RE attorney to draw up the lease and execute before COE since I do not know the nuances about commercial real estate.

@Carl Henriksen, we do JV's like this with single investors and as long as there is a good partnership agreement executed that cover's all of parameters of the deal then you should be ok.

The one consolation I can say that I have found is this: if you're willing to execute one cash out refi per property in your own name and hold them on your credit report, and you have good credit with sound income, many generic lenders (Citi, BofA, local credit unions, etc) will execute cash out refis in the mid 4%s.

Typically, our breakdown looks something like this -At contract execution - 5%At permit issuance - 35%At Footing inspection - 25%At mechanical rough inspection - 20%At installation of cabinetry and trim - 10%At certificate of occupancy/completion issuance - 5%Now, this is set around large jobs.

I am a scratch business owner a few times over, so I'm well aware of the need for planning, research, and execution of a solid plan.

However it seems our lawyer has been going back and forth with the sponsor's lawyer for over a week now...they won't budge on the following addition that our lawyer is pushing for: "The principal/owner of the selling corporate entity (an LLC) will be personally liable for all the contractual terms of the executed contract of sale."

Not something I will execute on immediately, but that is definitely something to keep in mind for the future. 

Plus, instead of 1 or 4 properties, BRRRR executed properly has no limits.