Construction financing without equity as an option?

The other way around, of course, is: what is the worst that can happen? You overextend yourself and have to sell the house again at the appropriate time. Very annoying but probably not a huge financial loss if the purchase price is actually that far below market value. Sure, real estate prices can fall, etc., but there is always a risk. If there is maybe some support within the family for tough times, you can take such a risk. Considering all the related factual and potential consequences, of course, such as giving up consumption, doing your own work during renovation, pressure at work (which job is completely crisis-proof anyway? In doubt, you both need these jobs and have to endure extra work, higher demands, etc...), and so on

But of course, it's the other way around: what is the worst that can happen? You take on too much and have to sell the house again at the appropriate time. Very annoying but financially probably not a huge loss if the purchase price is actually that far below market value. Sure, property prices can fall, etc., but there is always a risk. If perhaps there is also some support within the family for hard times, you can take such a risk. Considering all the factual and potential consequences involved, of course, such as giving up consumption, doing your own work during renovation, pressure at work (which job is completely crisis-proof anyway? If necessary, you both need these jobs and have to endure overtime, higher demands, etc.), and so on.

On the topic of family support for a luxury item, I get plaque :) Either you can afford it financially yourself or you can't. You should do the math. Let's not forget the compensations for x loans and possibly repayment of subsidies.

When it comes to family support for a luxury item, I get annoyed :) Either you can afford it yourself financially, or you can't. You should do the math. Let's not forget the compensations for x loans and possibly repayment of subsidies.

but why though? There’s nothing wrong with a contribution from the parents toward such a project. I would do the same for my children if I could afford it.

but why? There's nothing wrong with a subsidy from the parents for such a project. I would do the same for my children if I could afford it.

Because it is a luxury good and not a necessity. Besides, you never know what will happen in the future. The parents can quickly become in need of care and then every euro is needed. It's different when it comes to necessities.

but why? There's nothing wrong with a contribution from the parents for such a project. I would do the same for my children if I could afford it.

This has a great potential for family discord among several children. Someone always feels disadvantaged. And there's also the point that you might start a project with the support that you wouldn't be able to realize on your own. I find that financially risky.

That would probably be our last opportunity for now, since interest rates are rising more and more and soon much more equity will have to be contributed, making it generally no longer possible.

I belong to the "now or never" faction. In fact, I think that for most average earners without an inheritance, the time window to realize house purchase or construction at somewhat reasonable conditions is gradually closing. In the very worst case, you can sell the acquired property again, but I think that won’t be the case for you. From my point of view, it is worse to forgo the acquisition of property and then mourn the missed opportunity. Likewise, regarding the rental housing market, I see no relief in the long run contrary to political promises. Of course, this also has something to do with my own fears, but the security that home ownership (especially with children) provides is, in my estimation, hard to compensate. I am definitely not a "utility gardener" and usually find allotment gardens unattractive, but just the possibility to grow a few potatoes myself if I want to gives me security. So, now, dear forum member, to separate my personal fears from your situation. ;-) And at the very end of my post, a warm welcome to the forum. :)