Sailboat financing to liveaboard

[racerrob2002]

Here's the short version to get this conversation started:
I already own a boat that i will be sailing the next 3 years locally while i get ready to cruise. I am currently renting a house, but would like to purchase a second, larger boat to live on (at the same marina as my current boat, so that i can work on the first). Tis second boat would be my cruising boat.

My "plan" is to set sail cruising in 3 years. The seond boat I purchase would be the boat I plan to cruise with. I would sell the first boat or donate it.

I would rather pay a finance company than continue to pay rent. Are there any companies out there who do mortgages on boats if it will be your residence? If not, am I eft with just an unsecured loan? RV Loan? Are there assumable loans for boats?

[S/V Illusion]

This isn't a reliable source of tax advice. About the only 'sound'. advice I've ever read here is that financing a depreciating asset is never a good idea.