Hi there,
Toying with the idea of buying an investment property in Dublin but not sure if bank would lend or how much deposit they would require, details are:
Family home: valuation approx €375, mortgage approx €275
Investment property 1: Valuation approx €290, mortgage approx €150. Current rent €1200
Investment property 2: Valuation approx €320, mortgage approx €190. Current rent €900
Have €10K savings and could increase this to €20K if required. Would prefer to borrow based on above equities but not sure if banks are currently offering that?
Looking to but something around €300K
Salary of €70 in permanent employment with second salary approx €20K self employed
Thanks in advance!
Toying with the idea of buying an investment property in Dublin but not sure if bank would lend or how much deposit they would require, details are:
Family home: valuation approx €375, mortgage approx €275
Investment property 1: Valuation approx €290, mortgage approx €150. Current rent €1200
Investment property 2: Valuation approx €320, mortgage approx €190. Current rent €900
Have €10K savings and could increase this to €20K if required. Would prefer to borrow based on above equities but not sure if banks are currently offering that?
Looking to but something around €300K
Salary of €70 in permanent employment with second salary approx €20K self employed
Thanks in advance!