New construction with existing debt - feasibility question

  • Erstellt am 2020-05-06 17:34:45

Pinky0301

2020-05-29 13:10:07
  • #1
I can confirm that. We originally had such a structure as well, but then moved away from it because our bank informed us that the relevant committee only meets once per quarter, not at all in summer/summer holidays, and therefore the approval takes a long time.
 

Murmelstein

2020-05-29 18:18:24
  • #2


Does that apply to >1 million at one bank and fit again with two banks? There are 120,000 from KFW after all. I'm piecing it together in my head again.
 

Pinky0301

2020-05-29 19:15:40
  • #3
We also had a KfW loan running, but (sorry if I’m expressing myself incorrectly) the credit bank acts as guarantor, it is the only one listed in the land charge. I don’t know how it looks with 2 different banks. But they do ask about existing loans, and that’s how you end up with over 1 million.
 
Oben