Land as equity capital - Worth the wait?

Thank you very much, that already helps. Of course, the income has to be right, that is certainly true.

What income do you have?

As said, hard to assess without income. I find another topic more important: where does the figure 400k all in with kitchen and pipapo come from? That will be quite tight, depends on the specific project. Do you have any buffer left? I wouldn't plan in a way that your account is at 0 upon completion.

Hi, that's true. The 80k is calculated so that we still have some buffer to live on, obviously.
The Hamburg income is about 90k gross per year or about 4.5k net per month.
It should still be realistic to get a good loan, right?

Hi, that's true. The 80k is calculated so that we still have some buffer to live on, obviously The Hamburg income is about 90k gross per year or about 4.5k net per month. Should be realistic to get a good loan, right?

Yep. Looks similar for us.