If someone is willing to buy your equity it's as good as cash.
You do need a buyer for it though...
Re:Ask HN: Housing for equity?
by chiffonade on Saturday March 28, 2009 @01:29AM
(#536225)
> If someone is willing to buy your equity it's as good as cash.
Which means it isn't cash.
And what kind of landlord would even go for this? Mortgages can't be paid in equity, either.