Brian McKinnon - Move Me 2 Colorado - Real Broker LLC

What exactly is equity?

A common principle in real estate is that over time properties always appreciate in value.

However, there is also a second way to gain equity.

Every time a payment gets paid to the bank, your loan balance gets lower and lower.

As you hold your property, its value goes higher and higher.

When this gap increases, so does your equity.

Equity is how much you actually OWN versus how much you OWE.

Follow for more real estate tips! 🔥