I am getting a gift of an apartment from my mother. I am thinking of buying a second new apartment in the same block. The value of the second purchase will be 255,000Euro VAT incl. My logic is that the rental income from both properties will pay the mortgage on the purchased proeprty. As all my own capital will be used up in legal fees, stamp duties, outfitting, I am considering borrowing the full amount. Am I better off taking out one mortgage or two mortgages of say 125,000Euro and 130,000Euro. Any advice. Both properties will be rented from the outset.