[Milu]

We're looking for a new home and found our ideal. Only problem is it's double our budget!

We qualify for a mortgage for it that would cost About 5k per month.

By selling two rental properties we own plus our deposit we could buy it outright. (kicking out the tenants would be the hard part) The monthly income they generate before costs is 1.5K

The property is large enough that we could use a part of it as offices and write off about 1k per month as business expense. (that could be used as a mortgage payment on a small holiday home which could also be rented out)

I think it's a no-brainer. The only flaw I can see is that the rental properties are part of our pension fund, however, both have tenants that are painful whiners we could happily live without.

Any thoughts?