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  1. B

    Can you use equity to service your loans?

    Sorry Supa Rex, I didnt explain myself well enough. I didnt mean for you to sell your current property(ies). What I was trying to say was use your existing equity to purchase another property which you will do a flip on. That way you are using you equity to generate cashflow. Cheers Blacky
  2. B

    Can you use equity to service your loans?

    Here is my 2c You are close with your thinking, you are just barking up the wrong tree. Use the equity, but not to service the debt (personally - not something which I would either recomend or condone - seen it go bad way too many times). Use the equity to add value then sell - keep doing...
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