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House investment

Frynge · 2014-01-06 17:34:41

If I have two houses, one valued at 380,000 and another valued at 360,000 can someone give me 500,000 and I either pay them back 600,000 in five years time or they take ownership in five years time. Ignoring all tax implications for the time being, is such a scenario possible?

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06-01-2014 6:34pm

#1

Frynge

Registered Users Posts: 1,667 ✭✭✭

Join Date: September 2009

Posts: 1616

If I have two houses, one valued at 380,000 and another valued at 360,000 can someone give me 500,000 and I either pay them back 600,000 in five years time or they take ownership in five years time.

Ignoring all tax implications for the time being, is such a scenario possible?

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