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Real estate investors: a. may be active or passive investors, depending upon whether they take an equity or a debt position. b. always depend upon
Real estate investors:
a. may be active or passive investors, depending upon whether they take an equity or a debt position. b. always depend upon income tax benefits to make the investment successful. c. are required to exercise stand-by loan commitments. d. either directly or indirectly, purchase rights to a stream of future cash flows.
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