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> Well, no, you could take a reverse mortgage. Borrowing against a potential future gain is not realizing that gain, and such a loan incurs the risk of losing
by teakettle42 5y ago
> Well, no, you could take a reverse mortgage.
Borrowing against a potential future gain is not realizing that gain, and such a loan incurs the risk of losing some (or all) of my equity in the home.
- op00to 5y agoI’m sorry. Exactly where do “profits” come from if not your equity?
- teakettle42 5y agoNot sure I follow. My equity is illiquid until I sell the home. I could, in theory, borrow against it, but that carries risk.