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Real Estate Principles 3rd Edition by David Ling,Wayne Archer
Edition 3ISBN: 978-0073377322Real Estate Principles 3rd Edition by David Ling,Wayne Archer
Edition 3ISBN: 978-0073377322 Exercise 21
Which of these statements is true about mortgage loans for income producing real estate
A) They usually are partially amortizing loans.
B) They often have a prepayment penalty.
C) They often are nonrecourse loans.
D) They can be interest only loans.
E) All of the above.
A) They usually are partially amortizing loans.
B) They often have a prepayment penalty.
C) They often are nonrecourse loans.
D) They can be interest only loans.
E) All of the above.
Explanation
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As we review the statements we...
Real Estate Principles 3rd Edition by David Ling,Wayne Archer
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