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A friend pitches you the opportunity to invest in one of his deals. She claims the property will earn a total return of 10%. She's
A friend pitches you the opportunity to invest in one of his deals. She claims the property will earn a total return of 10%. She's planning on using an 80% LTV mortgage at 5% to acquire the property. What is the estimated return to you, the equity investor? 8% 17.33% 30% None of these are correct 10%
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