7 Years to 7 figure Wealth
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!