Updated about 10 years ago on . Most recent reply

When to Go from Hypothetical to Actual Deals in Chicago?
I wanted to ask because I see that many make offers of hypothetical deals to potential private investors to gauge their interest. I tried this but, my investor needed to view more documents at a time when I needed a decision.
My question is when does BP community make the transition to real deal from hypothetical. Is there a best practice or did I miss something.