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Which of the following statement about construction loans is false? Soft costs are easier to finance than hard costs One way to convince the lender

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Which of the following statement about construction loans is false? Soft costs are easier to finance than hard costs One way to convince the lender about the ability to repay is to obtain a commitment for a permanent "take-out" loan before construction One way to convince the lender about the ablity to repay is a pre-sale agreernent with a buyer Construction Ioans are typically negatively amortizing

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