Hi. Are there any links to articles or websites that could advise on the financial impact between the two scenarios below. I.e. does either have greater financial validity. Any advice for first time buyer in Dublin who wants to live on good public transport routes would be great.
- Rent in the range of €800-€900 per month per person and save for ‘dream home’. May take up to 5 years.
- Buy a smaller property (most likely apartment) and pay between €800-€1k per month per person (and use first time buyer 10% deposit allowance), then save for around 5 years and then purchase ‘dream home’ (requires 20% deposit), and rent out or sell 1st property.
First property price limit €350k ‘Dream home’ property price limit €650k
Thank you!
Submitted August 01, 2021 at 09:14AM by Pmcc8 https://ift.tt/3lo3iOT
