A 2nd mortgage can be a great way to access the equity in property for cash. When a home owner has an investment that will pay more than the interest and cost of the 2nd mortgage, tapping into this equity can be smart. Many people use the equity in their homes for education or to start businesses. These types of investments do not have sure interest rates and the reward is difficult to predict, though often far more than a savings account, money market fund, or even stocks and bonds. Education can increase earning power. Investing in yourself is one of the best investments you can make. Starting a business can produce household income. The richest people in America own businesses. While there is risk in starting a business, careful planning can make a business successful. Using money from a home equity loan to buy an existing business can also reap great rewards