Updated almost 3 years ago on . Most recent reply
Clear up my equity question
In the BRRRR book it is stated more than once Traditional Tom has zero equity after 15 years. I'm not arguing that Mastery Mike has a larger portfolio and potentially more equity. I'm just very unclear how Tom's 25% down payment coupled with his loan pay down has yielded the zero equity claimed in the chapter. A friend posed this question to me after reading the passage and asked me about it. This comes across as misleading and I'd like to be able to provide an accurate and educated response.