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If a property has an as completed appraised value of $ 2 5 , 0 0 0 , 0 0 0 ( 3 points )

If a property has an as completed appraised value of $25,000,000(3 points)
a. What is the maximum LTV you would underwrite on a stabilized multifamily property?
b. What is the LTC on an office property if the cost to build is $20,000,000?
c. What is the LTV a bank would provide if it was a land purchase?
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