<prompt> Human: Ive always wanted a beach house and at 40, I realized that if I dont do something about it now, Ill get too old and lose my dream. I own a decent house still owe 225k and my wife and I were thinking of putting a down payment on a beach house weve been looking at. Our savings is at about 60k, and we were looking to put down 20 on the beach house, which is 100k 500k total. We were thinking by putting a second mortgage on our house, we could afford both mortgages at the same time. Our combined income is 125k pre-tax and we only have about 2.2k in CC debt and 25k in an autoloan. Should we get a second mortgage for our current property? I really think its time to get a beach house, i just dont know what else I would be able to do from a fiscal standpoint. EDIT: 22k - 2.2k CC debt.  <response>: Why do you think youll lose your dream? The beach will still be there in 5, 10, even 20 years.What is it about buying a beach house, right now, that is appealing? Is there something about renting a beach house that wont work for you? Are you going to spend a lot of time there, or is it going to sit vacant for most of the year?Is there some compelling reason why you dont wait until retirement to sell your house, and then buy the beach house that you then move in to? 