separating home & ip

  1. J

    Restructuring bank loan to reduce risk of losing home (separating IP from Home loan)

    Does this sound like a reasonable deal? Scenario: the loan on an apartment as an IP was borrowed against the equity in our home. Wife finds a broker who says that there is a risk of losing the home if we (for some unforeseen reason in the future) cannot pay off the interest on the IP, ie...
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