Bieber0815
2017-02-21 15:29:52
- #1
I would not go to a bank, but to an independent broker. Then I would want to develop a structure with a large bank loan with a long fixed interest period, which goes up to 94.99% loan-to-value. I would try to finance the rest in second rank (state bank, development bank, whatever there is in Bavaria --> hopefully the broker knows something about that).
Maybe there is also a private loan (parents?) for the part over 95% loan-to-value.
Income, for the repayment, is available ... then just quickly repay the subordinated loan, afterwards intensify the repayment of the large component.
Maybe there is also a private loan (parents?) for the part over 95% loan-to-value.
Income, for the repayment, is available ... then just quickly repay the subordinated loan, afterwards intensify the repayment of the large component.