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Updated over 8 years ago on .

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Hannah Kong
  • Rutherford, NJ
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7 Years to 7 figure Wealth

Hannah Kong
  • Rutherford, NJ
Posted

Hello Forums, 

New to the Bigger Pockets world and real estate investing in general. I am reading Brandon Turner's "7 Years to 7 figure Wealth" and have a question about "Year 1".  In his end of "Year 1" summary, he states that he pays down a "small amount" of his loan from $60,000 to $59,200. Can someone explain how he only pays down a "small amount" the loan equalling $800 and not the full amount? 

Thanks!

Thanks!