"Construction project with a 'special' initial situation"

  • Erstellt am 2015-01-06 09:07:08

ductom81

2015-01-08 09:17:16
  • #1


do both ways at least temporarily replace equity with cash?
 

lastdrop

2015-01-08 09:45:13
  • #2
No, only 1.

With 2., however, you have additional security for the bank.

My honest opinion: Better sell than rent out.
 

ductom81

2015-01-08 14:12:38
  • #3
To translate this again into a calculation example:

New project: 350,000

House sale: 200,000

Net profit after repayment of remaining debt and VF interest approx. 95,000

I assign 80,000 to the bank in the form of interim financing and receive a loan for which I only pay interest

Remaining credit of 270,000 then runs as an annuity loan

Have I understood that roughly like this?


...from Eiphone
 

nordanney

2015-01-08 14:50:49
  • #4
: yes!
 

ductom81

2015-01-19 11:41:17
  • #5
hello. I’m bringing up the topic again. our project has a financial scope of about 350-400,000€

without going into great detail... we have 4600 € available monthly... 2 children... no other burdens

is that realistic?
 

ductom81

2015-01-20 08:28:04
  • #6
no opinions?
 

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