No. Describe their actual present status and have the proposed funding sequence assessed.
Use completed facts and labelled contingencies
A valuation or listing is not a transfer of funds. Explain what must happen before the proceeds can support the actual investment. Hypothetical example: a precision-glass manufacturer owner plans to use sale proceeds that remain subject to a purchaser’s financing condition.
Start with a funding map that distinguishes available cash from conditional sale proceeds, then trace the lawful source and path for each component. Transaction records, tax documents and bank statements settle different links in that chain. Next, test the chosen project’s capital-at-risk structure and job methodology rather than assuming a headline amount completes the analysis.
The recurring mistake is to count an asset’s estimated value as capital before it is sold, documented and committed. The investor must decide whether to wait for cleaner funding evidence or use only funds already traceable. Approval still leads to a separate residence stage and conditional status.
Preserve the decision record with the funding chart, because replacing a contingent asset later can alter both the source narrative and investment sequence.