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2. Develop a gap financing scenario involving a permanent floor-celing loan. Specific numbers or percentages should be assumed for such variables as construction cost, construction
2. Develop a gap financing scenario involving a permanent floor-celing loan. Specific numbers or percentages should be assumed for such variables as construction cost, construction loan amount, mortgage loan amount (ceiling and floor), and rent roll requirement. The scenario should show how the gap financing can ensure that the entrepreneur avoids the problem of cash shortgage during the construction period
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