How does everyone handle LP funding at settlement?
Its a tough situation because how does this work for an acquisition? There are upfront costs such as earnest money, appraisals, attorneys, loan fees, etc. Are LPs willing to fund upfront? Working on a deal and we have liquidity but its a risk if the LP decides to bail on the settlement date. Our structure is 90/10, we're more than willing to put up our fair share of costs with the LP, but don't want to put up everything include EMD and then the LP bails and we lose out. How does everyone work this out?