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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 17
Given the following information, what is the required equity down payment • Acquisition price: $800,000
• Loan-to-value ratio: 75%
• Total up-front financing costs: 3%
A) $118,000.
B) $200,000.
C) $218,000.
D) $250,000.
• Loan-to-value ratio: 75%
• Total up-front financing costs: 3%
A) $118,000.
B) $200,000.
C) $218,000.
D) $250,000.
Explanation
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Real Estate Principles 3rd Edition by David Ling,Wayne Archer
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