How to make untapped equity work for you
Equity is the difference between what you own and what you owe on a property. For instance, if your property is worth $1 million and you owe $300,000, then you have equity of $700,000. As investors or property owners make their way through their mortgage repayments, the advantages of equity are often forgotten. Smart investors should capitalise off their lazy equity to maximise their portfolio’s worth. Here’s what you need … Read more »