Acquisition & portfolio finance

Acquire, hold, refinance — with the right capital.

Whether a single income property or a growing portfolio: as an investor you need capital that grows with you — at acquisition, in the holding phase and at refinancing. I structure your finance bank-independently and extract terms a single bank rarely offers. Under §34c GewO.

How much will a bank lend to buy a standing investment property?

Around 64,2 percent of value on average. That is where the BF quarterly barometer put loan-to-value for standing assets in the second quarter of 2026, across all use types. The second question matters just as much: does the property service its own debt? Banks answer it with the debt service coverage ratio, net rental income after operating costs divided by interest and amortisation. Below one, the surplus does not cover the debt service on paper. A buffer above that is market practice rather than a rule, and each lender applies its own assumptions for costs, vacancy and valuation. A largely unencumbered portfolio is the strongest lever: refinancing it releases liquidity for the next purchase without selling anything. That release is a loan against a land charge, brokered under section 34c GewO. Financing several properties as one package rather than individually often improves terms and simplifies administration. Where equity-like capital is needed instead of a loan, that is a different regulatory route and runs through licensed partners.

Three situations, three answers

Buying single properties

Income property, apartment building or commercial unit: I finance the acquisition to match the rental yield, location and your overall situation.

Portfolio & growth

Financing several properties bundled rather than each separately — this often improves terms and simplifies administration.

Capital from the holding

Upgrading or refinancing a paid-off property releases liquidity for the next acquisition — as a loan against the holding.

The holding as a lever — cleanly thought through

A sound, ideally debt-free holding is your strongest asset. Via a refinancing, capital can be released from it for the next step without selling. The clean separation of terms is important:

A loan is not a participation. I release capital from the holding as a loan against a land charge — that is loan brokerage under §34c GewO. An equity-like capital release via subordinated components (such as a mezzanine solution) is something different in regulatory terms and runs via licensed partners, not via me. More on that on the page Mezzanine & equity.

What matters in the valuation

For portfolio and acquisition finance, what counts above all is the sustainably achievable rental yield and the property value — not the purchase price alone. Banks and financiers calculate with their own valuation approaches, which are often below the purchase price. I know which houses value realistically and where you get more financing for the same property.

Frequently asked questions

Do you also finance mixed-use properties?
Yes. Residential-commercial mixes are a stumbling block for many house banks, but daily business for specialist financiers. I know the houses that value mixed use confidently.
Can I finance several properties together?
Often yes, and frequently with an advantage. A portfolio financing can improve terms and simplify handling. Whether it makes sense in the individual case depends on the properties, values and your strategy — we check that together.
I’m a non-resident or live abroad — is that possible?
That is one of my specialist disciplines. Residence abroad and foreign-currency income deter many banks; I know the ones that finance anyway. Details in the financing area for non-residents and expats.
What does the advice cost?
The first check is free for you; I am remunerated by the financing house. For very individual mandates we discuss any fee agreement transparently in advance.

Let’s talk about your portfolio

Message me on WhatsApp or book a 30-minute call. The first check of your plan is free.

Information