Considering A Second Home As Investment....

TX1

Registered User
Messages
46
I am currently weighing up the pros and cons of investing in a 2nd property. The house in question is a new 3 bed detatched up North for £105,000. I have an aunt unable to purchase a home who would move in. she is currently paying £550 per month rent. i have a deposit of €15,000 and would be looking at an interest only mortgage. Should i go for it? Any advice etc