SailNet Community - View Single Post - need advice on financing a boat
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post #6 of Old 03-20-2011
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you might be better with a unsecured bank loan, with the boat listed as the reason for the loan. basicly making it a semi secured loan ( i know they dont exist named that ).

if you have the home equity, you could buy it that way too. then you dont risk the boat, even if you loose the house you still have the boat.
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