I Think I Found A Deal. Now What?

[Snehann Kapnadak]

Hi All,

Hope you're enjoying MDW!

I have a "layup" question that I'm actually struggling with. I think I found a good deal but not sure where to go from here. I've analyzed it in greater detail and the numbers look great, and I put in a soft offer to see if the seller would entertain negotiations. I have a PM, CPA, and attorney on hand, but still need to syndicate the money. Do I set up the LLC first? I'm hesitant to send a formal LOI and put the property under contract in my personal name & without having the funds ready. Where do I go from here?

Thanks in advance!