So, it seems like maybe the first thing to do would be to go speak with the mortgage co and see where they stand on it and go (or not) from there.

is this a good rental property in the coming years as we have offices out in this area.I am not sure on the price stand point but thought should check with BP family.Any input on this would great.

@James Cash the CREC stands for Colorado Real Estate Commission and the forms are for the purchase of Colorado Real Estate.

It's a comedy show which illustrates how to not run a family owned real estate development company.Almost everyone in the family can't stand each other, and the rest of the time their company is under investigation by the government for "slight treason charges". 

The seller and his attorney have not responded to my nor my attorney's contacts.So, where I stand now is evaluating my options.A) I can put a lien on the property over our contract.

Even if he says no or that he needs more time, just let him know the offer stands, and follow up too.  

My question is two fold, 1.

Until your business can stand on its own history (and likely for a while after), you'll have to personally guarantee any loan the LLC gets.

In that case you have an experienced investor standing behind you and you can start building connections with your servicer and other vendors.

Didn't need a ton of work and he stands to make around $150k profit.