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Updated about 5 years ago on . Most recent reply

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44
Posts
30
Votes
Daniel Harbuz
  • Specialist
  • Europe
30
Votes |
44
Posts

Home Equity Loan Germany

Daniel Harbuz
  • Specialist
  • Europe
Posted

I have a property in Germany which I purchased 3 years ago and have appreciated in value. 

Ideally I would like to release some of the equity from my home in order to purchase a second rental property. 

Does anyone here have experience or contacts who offer equity finance in Germany?

Most Popular Reply

User Stats

157
Posts
121
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Michael B.
  • Newbury Park, CA
121
Votes |
157
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Michael B.
  • Newbury Park, CA
Replied

Daniel, there are plenty of lenders that will give you a hypothek (cash of refi) on your property if you own it free and clear. Try InterhypAG. All they need is your american tax returns but they even finance up to 120% (fullprice + closing cost) at the moment. Where are you based out of? For buy and hold there are better areas than Berlin. Berlin is great for big developments at the moment. 

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