Real Estate is a large capital investment and you hope to have a bank provide as much
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Real Estate is a large capital investment and you hope to have a bank provide as much financing as possible. The banker tells you they will lend up to 65% Loan-to-Value (LTV) for your apartment property with an appraised value of $1,800,000. What is the maximum amount the banker will provide for a loan?
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
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