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1- Assume you are purchasing an income producing property and are considering the use of debt (i.e. a mortgage) to reduce your equity required. Which
1- Assume you are purchasing an income producing property and are considering the use of debt (i.e. a mortgage) to reduce your equity required. Which of the following statements is INCORRECT:
b- A mortgage is likely to decrease your risk.
c- Most acquisitions in the marketplace utilize debt (a mortgage) as part of the transaction.
d- Using a mortgage might allow you the funds to diversify with another property acquisition.
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