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Updated over 17 years ago on . Most recent reply

Willis Seng's profile image
Willis Seng's profile image
Willis Seng
  • from Dallas, TX
  • Member since Jan 7, 2008

User Stats

73
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0
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Willis Seng's profile image
Willis Seng's profile image
Willis Seng
  • from Dallas, TX
  • Member since Jan 7, 2008
Willis Seng
  • Dallas, TX
0
Votes |
73
Posts
Rehabbing & House Flipping

equity vs mortgage

Willis Seng
  • Dallas, TX
Posted

Does mortgage really matter when your flipping a house? Say I bought a house and it took me 5 months to sell. So in those 5 months, I had to pay mortgage which contributes to my equity. If I sell it, wouldnt that equity money cycle back to my pocket?

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