3 ms·
Sure you can benefit! You can take out a home equity line of credit and cross your fingers that it doesn't come back to bite you.
by steve-howard 11y ago
Sure you can benefit! You can take out a home equity line of credit and cross your fingers that it doesn't come back to bite you.
- thaumasiotes 11y agoAn outstanding loan secured by something that you can't lose makes your situation worse, not better. Taking out a line of credit is not fundamentally different from selling the security. :p
- mikeash 11y agoPlus the extra money helps you when you buy a bigger house! Never mind that anything you'll likely buy is appreciating too.