In real estate, how might pyramiding work with the following data?…

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Question Answered step-by-step In real estate, how might pyramiding work with the following data?… In real estate, how might pyramiding work with the following data?Property 1Property value:  $143,000.Current loan balance:  $70,000.Maximum loan-to-value (LTV) ratio:  70%. Use 70% of the value to calculate the maximum cash out amount out of the refinance.Analyze the following dataWhat is the maximum cash out according to the 70% LTV?  Show all of the steps of your calculations.How much money is there to invest?Do you recommend that the investor refinance the property in order to buy another rental property? Explain.Is there additional information you think would be important for your analysis?  Business Finance REALES 21910 Share QuestionEmailCopy link Comments (0)

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