Land acquisition from the municipality with building obligation

  • Erstellt am 2020-08-09 11:13:50

K1300S

2020-08-09 15:22:14
  • #1
So what now? Early repayment? Remaining debt? Speculation tax? Or all of it?
 

BackSteinGotik

2020-08-09 16:15:54
  • #2
What are the financial conditions, and is it not possible to manage both properties, Neubau & Wohnung, simultaneously?
 

Nattis55

2020-08-09 20:54:11
  • #3
If we sell the apartment before the 4 years expire, we really have to pay everything. That’s why we want to start construction as late as possible so that we can cover the interior finishing and outdoor facilities with the proceeds from the sale.
 

Nattis55

2020-08-09 20:55:19
  • #4
The apartment is financed almost exclusively by rental income. No, without selling the apartment we won't get a house financed.
 

HilfeHilfe

2020-08-09 21:42:55
  • #5
Then sell. Otherwise, 4 years of construction on the side ... with borrowed money (?)
 

nordanney

2020-08-09 23:09:05
  • #6
Once again, the sales proceeds can be pre-financed. That is completely normal and stress-free.
 

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