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!