. It’s my understanding there is no more equity
Somehow, your period jumped to the start of your sentence. That is an example of the sentence having no more equity. ‘equity’ is an uncountable noun.
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Somehow, your period jumped to the start of your sentence. That is an example of the sentence having no more equity. ‘equity’ is an uncountable noun.
The sentence would be correct with the period. Alternatively, you can say, “It’s my understanding there is not any more equity.