ned official
Registered User
- Messages
- 34
I'm in the middle of buying a investment property for 250k mortgage repayments of 1000 odd per month.
Ah, fair enough I may have misinterpreted the post.
It doesn't really change the conclusion though - borrowing @~4.5% to part-finance the purchase of an asset with a net yield of ~5% doesn't make sense given the current tax regime. Borrowing @~5% makes even less sense.
Agreed. Arguably a REIT like iRes via spreadbet or CFD might make more sense in terms of getting similar but more diversified exposure with a cheaper cost of finance.
while becoming popular , i dont think id invest in any of the irish REIT,s , the yields are pretty poor and its a small market, id prefer take my chances with currency difference and buy one of those vanguards REIT,s
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?