Assuming the house is worth still worth 235K in 15 years he still only owes 115K on it so that's 120K in equity for a 15 year 50K investment. +/-6% ROI.

The question is does that investment return dollar for dollar in equity if I spent that kind of money.

I currently own a home which i just closed on a refi after living here 5 years, valued at 550k in which i have about 120k in equity.

I don't believe in equity.

Stereotypes stifle social change and help to maintain existing systems of inequality.     

The question is does the fact that the property has increased 20% in equity from other means besides mortgage payments would this still qualify as the 20%?

Could I find an other deal where my $40,000 would be in equity and not to the government, unless you feel the equity is there.

Getting rid of the house would free up 80k in equity you have in it, but then you would need somewhere to live.3.

So there is roughly 190K in equity in the home.

It's probably not going to happen, but I'd love to use this as a "what if" scenario, and learn something from it.Think more about it, I could probably pull about $20,000 in equity from my own home, but I don't have much else to put into this deal.