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A lender is lending based on income that a property can create. Given the following conditions, what is the maximum loan amount that you will
A lender is lending based on income that a property can create. Given the following conditions, what is the maximum loan amount that you will be offered?
150,000 SF building that is 70% leased at $18/SF, but $5/SF in operating expenses. Loan would be at 5% with a 25-year amortization and require a 1.25x debt service coverage ratio.
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