2nd Mortgage Zone

We own our house fully No mortgage loan of approximately $ 550K. We believe that we take early retirement on the beach. Now we have nice homes with land found in the region of $ 175k. Is it better to get a home equity to pay the full cost of the beach houses and other, less stress (about $ 75k two cars and a timeshare), or continue to pay for private collections, and add a mortgage to Beach House? The ultimate goal would be to break into the second home base and then sell to pay off your current home off balance and the remainder to be used in a system with monthly dividends as income in retirement, until we the retirement age, and perhaps a part-time work to achieve. d I would be a first mortgage. You do not risk your first home, when finances were a drastic change. I am a broker MTG. I use a HELOC and combine all your debts. If you pay all your debts separately, you pay interest on cars, credit cards, etc., are not deductible. MTG your debt.