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Investing a house into a company as an asset

  • 12-07-2016 6:25pm
    #1
    BogMonkey
    Registered Users, Registered Users 2 Posts: 356 ✭✭


    My predicament is that I got pushed out of a company I co-founded (I was going through some troubles and caused some mayhem during that time period) and its possible I can regain my position in the company if I invest some money into it. The issue is that the only money I have is in home equity, and we're not planning on selling the house for a year.

    In this particular situation, is there anything you could do to convert your home ownership into a bargaining chip to regain your place in a company you helped start? Why would anyone want to buy a share in a house?


Comments

  • #2
    lcwill
    Registered Users, Registered Users 2 Posts: 259 ✭✭lcwill


    BogMonkey wrote: »
    My predicament is that I got pushed out of a company I co-founded (I was going through some troubles and caused some mayhem during that time period) and its possible I can regain my position in the company if I invest some money into it. The issue is that the only money I have is in home equity, and we're not planning on selling the house for a year.

    In this particular situation, is there anything you could do to convert your home ownership into a bargaining chip to regain your place in a company you helped start? Why would anyone want to buy a share in a house?

    This sounds like a disaster waiting to happen.


  • #3
    TiGeR KiNgS
    Registered Users, Registered Users 2 Posts: 1,435 ✭✭✭TiGeR KiNgS


    Sounds like you lost trust of the board. Its time to do the right thing.


  • #4
    daheff
    Registered Users, Registered Users 2 Posts: 5,991 ✭✭✭daheff


    could you remortgage and release funds that way? Is the company paying dividends to shareholders currently?

    Not sure how happy your other half would be to do that though?


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