How to unlock equity in your investment property to build wealth
Abstract
Equity is the difference between the current value of your investment property and how much you owe on it. If your property is valued at $800,000 and you still owe $500,000 on your home loan, your equity is $300,000. You can leverage this equity by borrowing more money to help further your financial goals — like buying another property and building a portfolio. For more information, visit iStock: iStock.
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