If you build, then build properly!

  • Erstellt am 2011-07-20 19:49:46

Volka

2011-07-20 19:49:46
  • #1
Hello dear community!

I am new here and found this forum through Google search :)

I don't know if I am posting in the right forum, so it can be moved if it doesn't fit. But since I am still in the planning/idea phase, it seems right to open the topic here!

It's about the following:

I have acquired a vacant plot of land in the countryside very cheaply. It is relatively large with nearly 2100 m². The dimensions are about 35m (width street side) by 60m (length).

If I now build my planned bungalow with about 10x12 m floor area on it, I think I have a bit too much garden around.

My idea: Since I am already investing money, why not do it properly. I will not only build my house but also two others that I will then rent out!

Now to my question:

Can I, as a private person, even get financing for something like this? Equity would only be the land! Is it possible to set up some kind of company to which I transfer the land to minimize the risk for me? Would I get financing with this newly founded company?

I look forward to your answers

Best regards Volka
 

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