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- You have to answer 80% of the questions correctly.
- The exam contains 4 questions.
- You have unlimited time to complete the exam.
- You have as many attempts as you need.
- A score of 80% is required to pass the exam.
Of course, if you get stuck, you can email us at support@keyspire.com. Good luck!
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Question 1 of 4
1. Question
1 point(s)What is alternative financing?
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Question 2 of 4
2. Question
1 point(s)Which of the following is not a benefit for alternative lenders?
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Question 3 of 4
3. Question
1 point(s)Match each alternative financing option with its definition.
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- Individuals who use whatever qualifying factors they want to lend on real estate to receive a reliable ROI on their capital
- Individuals or companies that specialize in short term loans as a business
- The seller functions as a “bank” lending the buyer money while asking for a small down payment and interest
- A business arrangement in which two or more parties pool their resources to accomplish a specific task
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Private lending
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Hard money lenders
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Seller Financing
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Joint Venture
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Question 4 of 4
4. Question
1 point(s)To build a network of funding sources do repeat business with investors, but remember reputation isn’t everything.