Ärmelhoch
2014-05-08 09:41:53
- #1
Hello community,
I hope the question has not been asked too often ;) if mine has already been answered before, please just provide a short link reference.
I (m 48) can purchase an old property with 1000m² of land for 60,000. The condition is poor due to its age, but (as a self-employed craftsman for 13 years) I know what I’m getting into. What I don’t know is the suitable construction financing...
Here are the key data: purchase price 60,000, financing requirement 110,000 (conservatively estimated!), equity capital approx. 12,000, monthly income (after tax) approx. 2100,
I want a simple (construction) loan (?!) without obligations through Kfw or the like. Maybe someone has some good links or tips?
Regards
I hope the question has not been asked too often ;) if mine has already been answered before, please just provide a short link reference.
I (m 48) can purchase an old property with 1000m² of land for 60,000. The condition is poor due to its age, but (as a self-employed craftsman for 13 years) I know what I’m getting into. What I don’t know is the suitable construction financing...
Here are the key data: purchase price 60,000, financing requirement 110,000 (conservatively estimated!), equity capital approx. 12,000, monthly income (after tax) approx. 2100,
I want a simple (construction) loan (?!) without obligations through Kfw or the like. Maybe someone has some good links or tips?
Regards