Construction financing | Is the procedure good? Your opinion and tips

Regarding the time and the interest that accrues if you do not use the loan, in most cases what I have read is about 12-14 months, that is also a topic again. For the KFW, for example, the loan, if available via KFW, is also paid out all at once and not in pieces like with possibly pure bank loans.

drywall I consider feasible.

We received our KfW (energy efficiency) funding paid out in 4 or 5 installments. Depending on the submitted invoice, payments were made until the 50,000 were used up.

I assume you mean drywall construction. It always depends on the type of work involved. For example, you can cover your ceiling in the upper floor with panels. This is something you can do yourself. It’s a different story if you want to cover the ceiling with gypsum plasterboard. These boards are (estimated) 2.50 m x 1.00 m x thickness (it may be that there are other dimensions). Even though gypsum plasterboard is light – with the given size, every board becomes heavy and cumbersome. We would have been two to assemble it (full floor). Lifting the board overhead and then screwing it in – would never have worked. Even the craftsmen worked in threes – as professionals. A small difficulty: just think about how you want to do such work at the staircase = stairwell with a height of 5-6 m (construction stairs). Just the painting work makes you think twice.

Often, when thinking about drywall construction, people think more about insulating the attic or covering pipes. We only had the option to include or exclude this trade completely.

If the acquaintance is self-employed but currently has to complete a lucrative but very urgent order and needs his equipment for himself, you and your helpers might be on vacation, but you’re left without a specialist and without equipment. And the following week, the subsequent trade is already scheduled.

For example, back then at home we built a kind of lifting platform with which you can press the boards to the ceiling. It's basically just a small rolling cart with a lever that has a square holder at the top and can be pumped upwards. This way the board is always exactly in the right position and, to put it bluntly, you don't need 5 people.

As I wrote, I am currently still inclined to prefer building stone by stone rather than prefabricated construction, but ultimately it will probably also be a question of cost when the first quotes are made.