More than 2 people applying for a mortgage

There’s not 2 siblings here, there’s apparently 3 friends getting the mortgage together.

I know, and it may be disastrous, but I'm just saying, in a best case scenario they could all end up with a nice deposit. Yes, there's wanting to sell your portion, partners on the scene and 101 other potential issues, but it could work out. And the level of desperation out there is high. A 1 bed cost rental if you can get one is 1400e, even if the mortgage was 4k between 3, it'd be slightly cheaper..... As to whether they'll make anything on it in the end, depends on the market

You will search high and low for a 1 bed in Dublin for €1400. If you do find one, it is because it is rent-capped and there will be a queue a mile long for it.

You won't get any answer from him beyond the glib assurance that you're just not enough of a "smart cookie" to understand the scheme.

I've watched this thread for a while. If you ask me, it's the ravings of a mad-man.

You'll only really know that it's worked out to perfection in 20/30 years when the mortgage is paid off and there's been no issues and everyone is still happy with the arrangement, whatever it is.

It's sounding like the conspiracy thread though, poster says that they know things that you wouldn't believe, ask them to tell you and they say that they can't for some strange reason. You've nothing to lose by proving your story, otherwise most people will continue to think that you're just waffling.

People laughing at you aren't angry. Hard to believe you are an adult let alone have adult children

If the OP really wanted to show us the property has been registered to the 3 tenant in common owners and the charge has been added he can provide the Folio number. For a fiver one of us could download a copy of the Folio and see for ourselves. He could PM me the Folio number and I'll pony up the fiver. It's a public record after all

Trying to figure out if this a Chat-fishing or shack-fishing thread

Think it's time for this to be merged with the "unsolved Irish mysteries" thread.

Oh, I forgot to add in here that I got a reply from the OP via PM - this is the scheme:

"

So it's not easy to find but there are sites out there with more than one property on it. My daughter and her friends found land with 3 properties on it. The site itself is quite big so plenty of garden space or whatever. For the area they were looking in, if they tried to buy a place on their own, they'd be looking at about 400-500k. This purchase was about 800k. Combining their incomes and buying power has left them in a far greater position with much smaller mortgages etc. If any of them fall out, want to move elsewhere or any similar reasoning, they can just sell their property. This arrangement would work for 2 friends buying together also. There's some great value there on some properties, you just have to find it.

"

Thanks for sharing. I expected something else tbf as the OP claimed it was genius and we were not smart enough to think about it ourselves. At the end it is what everyone thought.