Dutch rental properties

[Jelmer Hilhorst]

Are there some people from the Netherlands here who know what the possibilities out here are?

For example;

Is it possible to buy a second house for rental use and get a second mortage?

[Ivor Grisel]

@Stef Schuil @Jelmer Hilhorst

So it is possible to get a mortgage for rental use. Like Stef says, the downpayment on those is most of the time about 20/30%. Be aware: that is 20/30% of the object in rented state, which is mostly lower than the actual value of the object. So maybe even calculate a 30-45% down.

That being said, there a possibilities. For example, for our first rental, we took a second "regular" mortgage on our house. So that leaves us with a rental that has no mortgage on it. We are planning on putting a mortgage on that, and using that money for either a downpayment of a second rental, or maybe as the complete payment.

But there are other possibilities. I talked to a financial expert which does mortgages from Germany. Don't know the complete details yet, but interest rates are better there. But they only do refinances and initial buys, so no liquidation (= getting money out of a property that doesn't have a mortgage on it...).

I'm also just starting (one rental), so no expert. But I hope this helps! But also be sure to get in contact with investors that have relationships with financial people that can provide you with other options.