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

Looking to get a mortgage or large loan using my apartment as an asset

Options
  • 02-12-2023 4:14pm
    #1
    SMI
    Registered Users Posts: 173 ✭✭


    Hi,

    A 2 bed apartment came into my ownership from an inheritance this year.

    I'm currently renting it out, but am strongly considering using it to raise capital that I can use elsewhere.

    I don't have much insight or experience with this side of finances.

    Is there any first port of call that people would recommend, or reputable independent financial advisers.

    Or any obvious pros & cons of a looking for a large loan vs a mortgage.

    I'm assuming the rates for the mortgage over its lifetime would be cheaper than a loan.

    Another factor in my decision making is timeframe, i.e the quicker I get the funds the better



Advertisement