Financing a multi-family house. Take out construction financing?

By the way, the statutory guaranteed interest rate for a life insurance has been 0.9% since the beginning of the year.

I had the same consideration. However, I find the point of profitability more important in the discussion.
If the rental yields over 4%, the investment seems worthwhile. Now the question arises whether I should do it or not. Especially since the financial outlay is quite high on a monthly basis. If both rents fail, I can no longer pay it or have to cover it from the savings reserves, which were also specially accumulated due to the risk of rental loss. Even the bank thinks that a longer complete vacancy would be rather unusual for the region. Of course, only I can make this decision myself, but I am happy to take opinions from experienced homeowners with me. Also with regard to the financing constellation. Forty percent of the net income seems quite high to me. And 75% of the rental income, on the other hand, seems reasonable. How do you see it?

Best regards,
Jimmyone

I would like to kindly ask again if maybe someone else can or wants to say something about it. I know everyone here writes in their free time. But it is very important to ME. :-)

Thank you very much

Best regards
Jimmyone

You have all the data together on the table. You also know the risks. Now the question is, what do you feel? Can you sleep well with it? Then do it. If you can't, leave it, because it will be years of sleeplessness. Karsten