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9. Financing a real estate investment Alyssa just purchased a sweat equity property. Which of the following statements best describes her transaction? Alyssa's property: came
9. Financing a real estate investment Alyssa just purchased a sweat equity property. Which of the following statements best describes her transaction? Alyssa's property: came relatively cheap but has good underlying value; it needs a lot of repairs and cosmetic enhancements. O is a timeshare where she and her family like to vacation. O is a brand new office building in an up-and-coming commercial part of her city. Abigail recently invested in rental property and purchased her own home, both of which she financed with mortgages. Which of the following statements is most likely false? Abigail's interest rate for her rental property was: O more than that for her personal residence. O less than that for her personal residence. O the same as that for her personal residence, Tabitha just invested in real estate through owner financing. Which of the following statements best describes her transaction? O Tabitha paid cash for the property. O no lending agency was involved. Tabitha received an extremely low interest rate on her loan
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