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How amateur does it sound when I tell a potential partner/investor that I don't know how much capital I need to buy a property?

I am pursuing a very unusual property for a very unusual business plan. I find myself in a chicken and egg situation where lenders won't give me terms until I have capital, and I don't know how much capital I need until I have loan terms. I feel like this is making me look very unprofessional when I'm talking to someone about getting financially involved in the project and I can't narrow down our capital raising goals any more than a very wide range like $200k-800k.

submitted by /u/sparr
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source https://www.reddit.com/r/RealEstate/comments/knfzdl/how_amateur_does_it_sound_when_i_tell_a_potential/
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