hi all.. I am having confusion regarding property for mortgage. My husband has property (3 stores, 1 office and small parking) which he bought last year with his 2nd brother (75 percent paid my husband). Now my DH wants to buy cellular provider agency which will cost 15-20 lakhs. To obtain the money he plans to put that property which worths 50lakhs at the moment on mortgage to bank. His 2nd brother works in cruise line and has no objection on this. What i would like to know is 1. Is it worth to put the property on mortgage to start the agency with net profit 50-70k per month? 2. How is actually the procedure, how safe, how can we get it back, do we have to pay more? 3. Can we still use mortgage property? Last question isn't related but please advise 4. We plan to buy house on loan, do we need to have tax? How to apply? Thanks a lot for advise.