Quote:
Originally Posted by Brendan Burgess
I suggest you start a new Case Study thread on your family member's situation, as I don't understand how he can buy another house if he can't afford his mortgage. But let's not take this Key Post off topic discussing it.
I didnt know this but what my cousin is doing is interesting, he is 12 months in arrears on his 250k mortgage only because he has an eye on a 40K 3bed property in Laois.
He is an honest hard working guy, he doesn't want to pull the plug on his old mortgage, he just wants to save enough cash to buy that 40K property first and then get back on track with the old mortgage, could this be worth it?
Originally Posted by Brendan Burgess
I suggest you start a new Case Study thread on your family member's situation, as I don't understand how he can buy another house if he can't afford his mortgage. But let's not take this Key Post off topic discussing it.
I didnt know this but what my cousin is doing is interesting, he is 12 months in arrears on his 250k mortgage only because he has an eye on a 40K 3bed property in Laois.
He is an honest hard working guy, he doesn't want to pull the plug on his old mortgage, he just wants to save enough cash to buy that 40K property first and then get back on track with the old mortgage, could this be worth it?