Construction financing despite Schufa entry

Tumble dryer on credit? Clearly -> Rental apartment until you win the lottery

If there is something in the Schufa, it is more a case for a local bank. You can have better talks with them. Overall, however, it is a manageable financing. I would, however, use the equity capital completely. There is still enough left over from the rent to quickly build up a cushion again.

If something is recorded in the Schufa, it's more of a case for a local bank. You can talk to them better. Overall, however, a financing that is quite doable. I would, however, use the equity capital completely. There remains enough from the rent to quickly build up a cushion again.

That was good

Dryer on credit? Clearly -> Rental apartment until you win the lottery

Is the topic too serious for me to understand the irony?? As I said, the move had eaten up everything and I thought, whatever! You'll just borrow the thousand now!

And I don't quite understand the connection between my rent and the purchase/renovation costs?

Since I am a craftsman and almost everything is modernized by myself and my family as own work, the "Baufinanzierer" told me that I can use my work as equity!!

Is he talking nonsense?

Well, I don't buy houses very often

When inquiring about conditions, play with open cards right away and, for example, inform the credit broker etc. that a Schufa entry exists. Because credit inquiries that end up in a bank's internal review and are then rejected due to a Schufa entry worsen your score.

So: Check Schufa values. The local house bank is usually more lenient.