I have been wanting to put up a brick and mortar business of my own but I don't have much budget to do so. We have just bought an empty land along a busy high way and I already have a business idea in mind. Now my dad is proposing that I put our own house and lot on mortgage with the bank so I could borrow a hefty sum in order for me to begin my business plans. I wouldn't want to risk my only asset and valuable home for something which I'm not really sure would work out well though. If the bank would accept the lot where I plan to put up my business in as mortgage, then I would be willing to push through with it. I just don't see myself putting the house we live in under mortgage at all. Do you think it's really wise to put your one and only asset for a business venture that hasn't even started yet?