uhm... Burn it up means.. 불사지르자. so... 즐기자.(enjoy it.) sentenses are different but meaning is similar.

You mean literally to burn something up right? 태워버려 (informal) 태워요 (formal) To be more specific, you can add "그것을"(그걸), which means 'that.' 이것을 (이걸) : this I hope this helps.