.🔴 Incomplete or disorganized documentation: Missing detailed plans, financial statements, or timelines could mean the borrower isn’t ready to execute the project successfully.🔴 Over-leveraged finances: Borrowers with excessive debt or insufficient personal capital invested in the deal could pose a greater risk of default.🔴 Questionable property comps: Overstated market values or inappropriate comparables may mean they’re inflating expectations.As always, thorough due diligence is your best protection.

DSCR loans are ideal when your debt-to-income ratio is a concern, as they focus on the property’s cash flow rather than your personal financials.

If you need financial help, ask under the "Finance, Tax, and Legal" forum.

They're unlikely to do that unless you can prove financial viability on your own. 

I'm located near Great Falls in central Montana.I have been self-employed for about 4 years and love what I do, so my goal is to build total wealth long-term, not to maximize cash flow for FIRE/financial freedom in the near-term.

You have a strong financial foundation so you will be OK.

Dont trust anyone’s financial projections.  

Ensure you have an emergency fund for vacancies or repairs and verify market trends to confirm the investment supports your long-term financial plan.This post does not create a CPA-Client relationship.

We would financially not be able to complete the project. 

If you need financial help, ask under the "Finance, Tax, and Legal" forum.