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120 K = Recognition ?


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Hey Fellow Investors Enthusiasts,

Our family has a large commercial building in my Mothers sole name no liabilities, we have about 120 k to renovate. The area is a commuter area, in an demand area for rentals (Rep of Ireland)

Intentions 5 year plan lets say,

  • Convert portfolio into Ltd company:huh: Tax?
  • Split the building into three identity's 
  • Portfolio 1. Start with One quality 5 bed HMO next 12 months Town House 
  • Portfolio 2. Add a 3 bed self contained + 2 one beds self contained 12 - 18 months Adjoining to the Town House separate entrance
  • Portfolio 3. Large commercial building to residential however that  3 - 5 years time Separate entrance 

Major concern, my ultimate intention would be to operate in the UK 

Questions, even if i had a portfolio producing great cash flow over a number of years with fair amount equity holding in a company will i be recognized in the UK (Banks, Lenders) in years to come or do i register the company in the UK or become a resident myself.

I am worried that this endeavor wont be created right from the start.

Where could i go to get advise IE finance brokers mortgage brokers? 

Thank you 

Regards Tom

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