Practice Quiz

Florida Real Estate Exam

Category - Florida

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A real estate investor who wishes to operate by using the principle of leverage would:

  1. Use his personal funds insofar as possible
  2. Use borrowed funds and personal funds on an equal basis
  3. Use borrowed money to the maximum extent possible
  4. Invest in real properties with values that are declining
Explanation
Answer C - Leverage indicates the use of borrowed money so that the return can be maximized.

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