SixSpeedFury
Full House
So the wife and I are finalizing on a home after much up and down with covid, inflation, etc. We're currently in the inspection phase. If all goes well we'll close on Dec. 1. My friend has mentioned taking a life insurance policy to add on to the 20% down payment that we already have or any remodeling ventures down the road. Is there any adverse risks in basically "borrowing" your own money? Should I even touch my life insurance to use as collateral?