This is one of my rental. Owe $218,000 on it.
Current Value: $575,000
Equity: $350,000
Mortgage: $1,300/month
Monthly Rent: $4,000 (duplex)
Renter pay off debt. 🤝 Property continue to appreciate 😁
And I can write it off on my tax return to lower my taxes 😁
Y I ❤️ RE!