Advertisement
If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)
Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie
Hi there,
There is an issue with role permissions that is being worked on at the moment.
If you are having trouble with access or permissions on regional forums please post here to get access: https://www.boards.ie/discussion/2058365403/you-do-not-have-permission-for-that#latest

Remortage advice?

  • 20-02-2006 10:05am
    #1
    mathie
    Registered Users, Registered Users 2 Posts: 5,103 ✭✭✭


    Hello,
    I own a house with my brother (an investment that we rent out) and we both also own a house that we live in with our respective wives.
    Now the mortgage left on the investment house is around 100,000 euro whereas we're both on around 400,000 mortgages on our own houses.
    We were told not to sell the investment property as its in a great location.
    Would it be a good idea to take some money out of the investment and work on our 100% mortgages?
    Cheers guys


Comments

  • #2
    gerrycollins
    Registered Users, Registered Users 2 Posts: 1,799 ✭✭✭gerrycollins


    its really half a dozen of one and 6 of the other
    does the investment property have development potential?who told ye not to sell as its in a good location?all the more reason to sell for a decent price!
    any money made from the sale shoild not be put off your own mortages better use the money on other investments!


Advertisement