hannover, germany buy to lets

S

stan1

Guest
Hi, I am considering buying some new build, buy to lets in Hannover, the deal is offering 100% finance and net income of 6% when fully let.

Anyone have any experience to share with Hannover buy to lets?

Any thoughts and views much appreciated.
 
Id be looking at the small print for "fully let" and see when exactly 6% is available. Could be your standard guaranteed rent trick. Whats the interest rate on the finance? If the 6% net return is cast in stone for the long run and guaranteed by contract, and the company offering it is very liquid and insured, of course it would be fantastic because your paying your mortgage off and probably making some profit. But Id have serious doubts about the 6%
 
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