Meaning he had 1 million dollars in equity above his debt.

If you have 500k in equity, not sure what the actual equity is: would you rather - repurchase your current property and assume and 2.6% rate ORfind some other investment that is made with the intention of being an investmentYou said the house is large and new - so current chances that you need major CAPEX is low but as this home ages and is in an expensive market realize that those updates will also be expensive.

You'll build another $5K in equity in the place over that time. 

Some have more than $1 million in equity while others have less.4.

However, I had over $200K in equity, and took the advice of David Greene and took a long hard look at my return on equity.

I also have about 80k in equity in my home. 

I paid 10K to join, and made that money back in equity capture on my first SF rental purchase. 

So here is my Idea, maybe someone can tell me if it is a good one, or not.I have a MTG on my current home, we have approx 40k in equity.

Some have more than $1 million in equity while others have less.4.

On our rental property we have about $100k-$120k in equity and we are planning on leveraging that for the next property.