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He is looking to invest into apartments in a new residential building in Bushwick, Brooklyn. He has just enough cash to buy one apartment without
He is looking to invest into apartments in a new residential building in Bushwick, Brooklyn. He has just enough cash to buy one apartment without any financing. he recently learned about leverage. If he uses all of his cash and takes advantage of the 90% LTV loans from the bank, how many apartments can he invest in?
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