Question 8.8.( TCOs 6 and 7) Which REIT pools money to finance construction loans?( Points: 1)
Mortgage REIT Compound REIT Hybrid REIT Simple REIT Equity REIT
Question 9.9.( TCOs 6 and 7) An investor holds legal title to a piece of property if he or she participates in what type of real estate investment?( Points: 1)
Ginnie Mae Participation certificates( PCs) REITs Direct investment Indirect investment
Question 10.10.( TCOs 6 and 7) You have purchased a condominium in Orlando, FL in order to rent out rooms to vacationers. What type of investment have you made?( Points: 1)
Direct investment in real estate Indirect investment in real estate Investment in precious metals Investment in collectibles