3Settimana
Sounds like a plan! How far along are you with the financing discussions with the bank? If you need help, please get in touch. I work in this field myself.
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3Settimana
@Robin2100 Ah, good to know.
2 x subdivision house: We asked a VR Bank from Bavaria, which has already supported us with a similar project. They are currently checking our documents and the property. We are also providing additional security - but we still have to provide further documents for this additional security.
1 x Buy&Hold Haus: We are also trying to work with a bank that already knows us. We financed another project with them 1.5 years ago and have since upgraded this other project considerably (yield increased by almost 50%). We hope that they will finance the new property for us and do a kind of portfolio review. That would be good, as we could use the first - purely residential project - to put the commercial part of the new property into perspective.
2 x subdivision house: We asked a VR Bank from Bavaria, which has already supported us with a similar project. They are currently checking our documents and the property. We are also providing additional security - but we still have to provide further documents for this additional security.
1 x Buy&Hold Haus: We are also trying to work with a bank that already knows us. We financed another project with them 1.5 years ago and have since upgraded this other project considerably (yield increased by almost 50%). We hope that they will finance the new property for us and do a kind of portfolio review. That would be good, as we could use the first - purely residential project - to put the commercial part of the new property into perspective.
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•@Robin2100 Update: In the meantime, things are looking pretty good. We have a financing offer from HVB for one of the properties. In principle, we also have an offer for the other one (Raiba), but the bank's surveyor will be here at the beginning of February.
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