2nd Mortgage Flow

We have our own house full mortgages worth about $ 550K. We believe that we like to retire early on the beach. Currently, we have found a nice house with land in the area of $ 175k. It is better to have a mortgage for the full cost of the house on the beach and in other parts of the small (about 75k cars and a part-time $ 2) or continue to pay fees for the individual and add sea mortgage? The ultimate goal would be to move to the other house, then sell the current house to pay the difference, and then put the rest in a reversal of the monthly dividend for use as a retirement income until you reach retirement, and perhaps time to a part-time job. I would suggest a first mortgage. You do not want to risk your first home if the economy is a drastic change. I meet a broker. I wanted to make a fixed HELOC and combine all their debts to him. If you pay your debt, individually, to pay interest on cars, credit cards, etc., are not deductible. Meet its liabilities.