The key is vetting your lender properly—asking the right questions, understanding the terms, and ensuring the numbers make sense for your strategy. 

Here were the results:Sales Growth: As you can see, Raleigh and Durham are VERY different in terms of Existing Home Sale Counts YoY.

Do you happen to have long term % of gross rent of combined maintenance/repairs/turnover costs/CapEx  ?   

Lucy: your story shows that setting up a loan is more than just interest rate and other terms.

With careful planning and consistent effort, you can create a portfolio that aligns with your long-term goals.Good luck!

The refund terms are either deceptive or not clearly articulated.  

Everybody is different, some people like flipping, some like short term rentals, some like long term rentals. 

In terms, of Great Price, Fair Price, Overpaid.2.

A local real estate lawyer or translator can ensure you fully understand the terms and conditions of the purchase.Other Costs to Consider- Closing Costs: In addition to your down payment, expect to pay an additional 8-12% of the property price for:- Notary Fees: Around 1-2% of the purchase price.- Property Transfer Tax (Grunderwerbsteuer): 3.5-6.5%, depending on the region- Land Registration Fees: Approximately 0.5-1.5%.- Realtor Fees: As mentioned, these range from 3-7% of the purchase price, plus VAT.Benefits for Service Members- Equity Building: Owning property builds equity over time, providing long-term financial security.- Strong Rental Potential: If reassigned, you can rent the property out in Germany high-demand rental market.- Tax Advantages: Germany offers tax deductions for property owners, which can help offset some costs.Key TakeawaysService members have a unique opportunity to buy property in Germany with minimal upfront costs.

But if you are operating a single unit, realistically how long can you wait for that tenant to be caught up?