Financing construction projects - Enough equity?

Is the equity the property or also cash? The property counts as equity. No problem in terms of income. The pool ranges from x to y... Depending on the equipment, you can calculate 50k upwards if you don't do anything yourself.

Smells very strongly of troll here.

Smells very much like a troll here.

Why?

Applied grammar and choice of words do not sound like a teacher - and if so, then overpaid ;) Among others:

we received through my parents

Furthermore, the specified salary does not match the specified age.

I would definitely save a bit more until you have about 300-400k in equity - anything else would be way too tight with only 8k income.

How do you even cope with that? In your place, I would abandon the project and look for something suitable to rent.

PM me - I still have space in the attic for you! I can also lower the rent a bit if you are nice to me.

Why?

Oh God, where should I start? Here are the biggest contradictions for me:

Planned costs house construction single-family house, upscale standard with pool, sauna: 800,000€

Ongoing expenses approx. 1500-2000€ (including PKV)

It is very hard to imagine that people who want to build a house for 800k, with a pool, with a sauna and who knows what other luxuries, have monthly living expenses of 1.5-2k (including PKV)? Sure, you have seen horses vomit in front of the pharmacy, but I really find that very, very unlikely.

Let's come to the supposed salary:

For 4,350€ net, the young gentleman would need in Bavaria - and I just quickly checked that, the topic is completely transparent - A15 in level 8. At 32, as a teacher? No, maybe as a principal, but who among us has ever experienced a 32-year-old principal during their school time, plus he wouldn’t have written "teacher" then.

All in all, the story sounds to me simply very unbelievable.