Financing as a self-employed person

KFW 124 would still be an option there.

Even for used houses?

: meant was the KFW 124 home ownership promotion. Yes, it also applies to the purchase of a property.

Or NRW.Bank building renovation... currently 1% with 20 years fixed interest rate. But the program does not apply for self-renovation.

The matter of the security deposit is known, it can be done via bank transfer, Bundesbank check, EC card, and cash payment is not possible. Since I have equity, that is not a problem. Of course, I only make an offer when I have a binding commitment. I have of course tried to reach a prior agreement, but I think that will not happen; the owners are divided and one party is even rather happy with the foreclosure sale. You won't be able to make a huge bargain at a foreclosure sale anymore, but rather get a somewhat realistic price... or be disappointed... anything is possible.

What would be so impossible about a sanitary installation now? Milling cable slots, laying pipes in advance, LAN cabling? And where it gets challenging, let the professional helper assist? There is nothing you cannot teach yourself.

Of course, you can teach yourself, but when?

Especially with a 60-hour job, without vacation.

Purchase of a new building is different from a used property... well then... You have to calculate everything yourself. The lowest interest rate is not always the cheapest for everyone. Also because of the 10 years or one year repayment freedom. A financing must be aligned with the personal life rhythm. I would also get the tax advisor involved.