Basically this means purchasing a car under a bank loan which should not cause a problem as long as you talk to the loan holder first and pay them directly.
Don't do it! Don't take collateral from one thing you have and put it toward something else. Save up and only spend money you actually have. Good luck!
It is possible but its defintly frowned upon. u dont want to take a lien out of our house or other properties in case things go south and then ur scrwed.
no and i would not waist your time with it but if you want to take a risk go ahead and do it for all you have. also don't jump on all you can get for all it has take it slow and find what you really want. take care
