Which loan is feasible?

From my professional experience, it has always been like this so far, I am still building myself this year and am currently in talks with various banks. Composition: I am self-employed, my wife is employed, loan-to-value under 60% (so actually a standard mortgage) and with absolutely all banks there were surcharges because of my self-employment. These were reasonable but present. With some I don’t even need to have an appointment because they reject you outright from the start. By the way, I wrote "usually pays more interest", I by far don’t know all banks, but would be grateful for a tip where this is not the case.

Then I would seriously consider your own creditworthiness (worse) if the construction project is for an owner-occupied residential property. Or they might just sell it to you well that way.

With the same rating/scoring grade, the differences between self-employed/employed are marginal to barely measurable... (third decimal place)

It should be clear that commercial V+V financing tends to be higher (also for employees).

Then I would seriously consider your own creditworthiness (worse) if the construction project is an owner-occupied residential property. Or they can just sell it to you well that way.

Probably not, since the previous preliminary discussions took place without any examination. Could they sell it to me well? Probably yes, since I had already anticipated it beforehand. I am currently still comparing and by the way, I meant the tip seriously.

Now I have also been told that I have relatively good chances of meeting the KfW70 requirements with a timber frame construction, as we plan to do.

You can hardly defend yourself against this type of construction, but the technology also has to fit. 50k per residential unit at currently 1% over 10 years, but there is a limit regarding the ratio to the total value, which I don't know exactly right now. In any case, financing the entire property through KfW is also not possible.

However, without more specific information this is no longer productive. Rental properties are planned differently than private residential construction; here it’s about return. That means you first have to know how many residential units of which size, what is the achievable rent value per m², what type of construction is planned, what is the initial situation (i.e., how much traffic area is created), what the land costs.
Rule of thumb: The larger the house, the lower the price per m² = more return. An 8-unit building is more profitable than only 4, the reason being the centralizable technology. Small apartments often rent better than large ones and bring more rent per m², but the turnover is higher.

I would first check how many residential units are legally possible, then ask the banker up to which amount he will participate, and then plan with a concrete project. Of course, you should also know what rents well in your area and possibly include special housing in your considerations (age-appropriate, etc.).

In the last few days, I have noticed exactly two (new) forum members who, despite lacking knowledge, want to know many things better and are overall quite resistant to argument. I wouldn’t call them trolls just yet, but I will no longer "feed" these dear people. It’s a bit annoying, to be honest. I have nothing against a nice dispute with really good people (right, Tox ;-)), but "brainless" somehow doesn’t work well. ;)

Very constructive contribution. Everyone sets their own standard of level... Actually, your last posts are always quite lacking in arguments, you just throw out what you think is wrong, but never come up with a factual argument. If you don't like my pragmatic manner, then that's your problem, but that doesn't make it factually wrong. However, it generally seems to be your way to criticize others' posts rather than contribute something meaningful yourself. If you don't like something about my posts, then please refute them factually.

Hello everyone. Please don’t start arguing :-) I am concerned here with different ways of financing, taking certain framework conditions into account. That one may have different opinions - especially regarding risk assessments - is, I think, completely normal. I think it’s good when different opinions are expressed here, as my conversation with my house bank has not yet taken place and I can learn about different approaches of the "banker" this way, without sitting completely unprepared in that conversation, because I had imagined the course quite differently.