{"id":3368,"date":"2026-10-14T01:56:45","date_gmt":"2026-10-14T01:56:45","guid":{"rendered":"https:\/\/westmont-group.com\/immo\/?page_id=3368"},"modified":"2026-10-16T09:22:13","modified_gmt":"2026-10-16T09:22:13","slug":"investment-property-without-equity","status":"publish","type":"page","link":"https:\/\/westmont-group.com\/immo\/en\/investment-property-without-equity\/","title":{"rendered":"Investment Property Without Equity"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"3368\" class=\"elementor elementor-3368\" data-elementor-post-type=\"page\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-b731e26 elementor-section-full_width kfp-host elementor-section-height-default elementor-section-height-default\" data-id=\"b731e26\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-no\">\n\t\t\t\t\t<div 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10px;color:var(--pd)}\n.kfp .ck.x li::before{content:'\\2715';background:#9C4A3C}\n.kfp .ans{font-size:19px;color:var(--pd);max-width:860px}\n.kfp .ans strong{color:var(--pd)}\n.kfp .src ul{list-style:none;margin:0;padding:0}\n.kfp .src li{padding:9px 0;border-bottom:1px solid var(--bd);font-size:16px}\n.kfp .src h3{font-size:20px;margin-bottom:10px;color:var(--pd)}\n@media(max-width:700px){.kfp .tl{padding:26px 22px}.kfp .ans,.kfp .tl>p{font-size:17px}}\n<\/style>\n\n<section class='kfp-sec hero'><div class='w'><div class='g2'><div>\n<span class='chip rv'>Westmont Immo \u00b7 Capital investment<\/span>\n<h1 class='rv' style='--d:.1s'>Investment property without equity<\/h1>\n<p class='rv' style='--d:.2s'>Yes, it works: with financing of up to 110 % you buy a rented property without equity. We guide you from property selection through financing to letting, with a rent guarantee and no effort for property and rental management.<\/p>\n<div class='rv' style='--d:.3s'><a class='bt bt-w' href='#kontakt'>Book a consultation<span class='ar'>\u2192<\/span><\/a><a class='bt bt-g' href='#prinzip'>How it works<\/a><\/div>\n<\/div><div class='hc rv' style='--d:.25s'><h3>What you get<\/h3><ul class='ck'><li>No equity required<\/li><li>Financing of up to 110 %<\/li><li>Security through a rent guarantee<\/li><li>No effort for property and rental management<\/li><\/ul><\/div><\/div><\/div><\/section>\n<section class='kfp-sec kfp-stats'><div class='w'><div class='sb rv'><div><strong data-count='920'>920<\/strong><span>Banks review your application<\/span><\/div><div><strong data-count='24' data-suf=' hrs'>24 hrs<\/strong><span>to the best offers<\/span><\/div><div><strong data-count='110' data-pre='up to ' data-suf=' %'>up to 110 %<\/strong><span>financing possible<\/span><\/div><div><strong>No<\/strong><span>broker fees<\/span><\/div><\/div><\/div><\/section>\n<section class='kfp-sec' id='kurz'><div class='w'><div class='tl rv'><span class='lbl'>Short answer<\/span><h2>Investment property without equity: is it possible?<\/h2><p><strong>Yes, it is.<\/strong> With financing of 100 to 110 % of the purchase price you can buy a rented property without equity, provided income, creditworthiness and the property fit. At Westmont Immo financing covers up to 110 % and therefore also the incidental purchase costs.<\/p><ul class='ck'><li>100 % financing: the bank pays the purchase price. With 110 %, the incidental costs are added.<\/li><li>What matters: stable income, a good credit score and a monthly payment you can carry long term.<\/li><li>Without equity the monthly payment is higher. A worked example shows the numbers.<\/li><li>Interest is deductible when you let the property, plus depreciation (AfA).<\/li><li>At Westmont: 920 banks, offers in 24 hrs, rent guarantee, no broker fees.<\/li><\/ul><p class='by'>By Westmont Group Immo \u00b7 Expert: Daniel Badour, CEO \u00b7 Last updated: October 16, 2026 \u00b7 Reading time approx. 9 min<\/p><\/div><div class='toc rv'><a href='#bedeutung'>What does it mean?<\/a><a href='#rechenbeispiel'>Worked example<\/a><a href='#voraussetzungen'>Requirements<\/a><a href='#prinzip'>Westmont model<\/a><a href='#steuern'>Taxes &amp; funding<\/a><a href='#risiken'>Risks<\/a><a href='#fuer-wen'>Who is it for?<\/a><a href='#faq'>FAQ<\/a><\/div><\/div><\/section><section class='kfp-sec' id='bedeutung' style='--bg:#F4F7F2'><div class='w'><div style='max-width:860px' class='rv'><span class='lbl'>Basics<\/span><h2>What does \"without equity\" mean when buying property?<\/h2><p class='ans'><strong>Without equity means the bank finances the full purchase price (100 %) and, with 110 % financing, the incidental purchase costs as well.<\/strong> You do not have to save anything up, but you carry a larger loan and a higher monthly payment.<\/p><\/div><div class='tbw rv'><table class='tbl'><thead><tr><th>Model<\/th><th>The bank finances<\/th><th>Equity required<\/th><\/tr><\/thead><tbody><tr><td>Classic<\/td><td>approx. 80 % of the purchase price<\/td><td>approx. 20 % plus incidental costs<\/td><\/tr><tr><td>100 % financing<\/td><td>100 % of the purchase price<\/td><td>Incidental purchase costs<\/td><\/tr><tr class='hl'><td>110 % financing<\/td><td>Purchase price plus incidental costs (up to 110 %)<\/td><td>\u20ac0<\/td><\/tr><\/tbody><\/table><\/div><h3 class='sub rv'>Which incidental purchase costs apply?<\/h3><p class='ans rv'><strong>Depending on the federal state and commission, incidental purchase costs are roughly 5 to 12 % of the purchase price.<\/strong> The biggest items are real estate transfer tax, notary and land registry fees, and a possible broker commission.<\/p><div class='tbw rv'><table class='tbl'><thead><tr><th>Item<\/th><th>Guide value<\/th><th>Note<\/th><\/tr><\/thead><tbody><tr><td>Real estate transfer tax<\/td><td>3.5 to 6.5 %<\/td><td>Varies by federal state<\/td><\/tr><tr><td>Notary and land registry<\/td><td>approx. 1.5 to 2 %<\/td><td>Certification and registration<\/td><\/tr><tr><td>Broker commission<\/td><td>often up to approx. 3.6 %<\/td><td>Varies by region. With Westmont there are no broker fees.<\/td><\/tr><\/tbody><\/table><\/div><p class='rv' style='margin-top:16px'>You can find all items with worked examples in our guide <a href=\"https:\/\/westmont-group.com\/blog\/kaufnebenkosten\/\">Incidental purchase costs when buying a home<\/a> (German).<\/p><\/div><\/section><section class='kfp-sec' id='rechenbeispiel'><div class='w'><div style='max-width:860px' class='rv'><span class='lbl'>Worked example<\/span><h2>What does a property without equity cost per month?<\/h2><p class='ans'><strong>With a purchase price of \u20ac250,000 and 110 % financing, the loan is \u20ac275,000. At 3.5 % interest and 2 % repayment, the initial payment is about \u20ac1,260 per month.<\/strong><\/p><\/div><div class='tbw rv'><table class='tbl'><thead><tr><th>Item<\/th><th>Example<\/th><\/tr><\/thead><tbody><tr><td>Purchase price<\/td><td>\u20ac250,000<\/td><\/tr><tr><td>Loan at 110 %<\/td><td>\u20ac275,000<\/td><\/tr><tr><td>Interest \/ repayment<\/td><td>3.5 % \/ 2.0 % per year<\/td><\/tr><tr class='hl'><td>Monthly payment<\/td><td>approx. \u20ac1,260<\/td><\/tr><tr><td>Base rent (assumption)<\/td><td>\u20ac1,000 per month<\/td><\/tr><tr><td>Difference before tax<\/td><td>approx. \u20ac260 per month<\/td><\/tr><tr><td>Gross rental yield<\/td><td>4.8 % (\u20ac12,000 annual rent \u00f7 \u20ac250,000)<\/td><\/tr><tr><td>Remaining debt after 10 years<\/td><td>approx. \u20ac210,000<\/td><\/tr><\/tbody><\/table><\/div><p class='rv' style='margin-top:18px'><strong>What happens if interest rates rise?<\/strong> If the rate rises to 5.5 % at refinancing, the payment at 2 % repayment on the remaining debt is about \u20ac1,315 per month. Always plan a buffer.<\/p><p class='note rv'>The figures are freely chosen to show the calculation. They are not an offer. Interest and depreciation (AfA) can reduce your tax burden. You can calculate your own values with the <a href=\"https:\/\/westmont-group.com\/blog\/immobilien-rechner-finanzierung-berechnen\/\">property financing calculator<\/a> (German).<\/p><\/div><\/section><section class='kfp-sec' id='voraussetzungen' style='--bg:#F4F7F2'><div class='w'><div style='max-width:860px' class='rv'><span class='lbl'>Requirements<\/span><h2>What do you need for financing without equity?<\/h2><p class='ans'><strong>Banks mainly check your income, your credit score and whether the monthly payment is sustainable long term.<\/strong> The more stable your income, the better your chances of 100 % or 110 % financing.<\/p><\/div><div class='g2c'><div class='cd rv'><h3>What the bank checks<\/h3><ul class='ck' style='margin-top:12px'><li>Stable, verifiable income<\/li><li>Secure employment or several years of self-employment<\/li><li>Clean credit record (Schufa)<\/li><li>Affordable payment (rule of thumb: often no more than about 35 % of net income)<\/li><li>Purchase price matches the market value of the property<\/li><\/ul><\/div><div class='cd rv' style='--d:.15s'><h3>Documents you need<\/h3><ul class='ck' style='margin-top:12px'><li>Payslips and employment contract<\/li><li>Self-employed: tax assessments and business analysis (BWA)<\/li><li>Self-disclosure and credit report<\/li><li>Property documents and rental agreement<\/li><li>Overview of assets and ongoing liabilities<\/li><\/ul><\/div><\/div><\/div><\/section><section class='kfp-sec' id='prinzip'><div class='w'><div class='g2'><div class='rvl'><span class='lbl'>The Westmont model<\/span><h2>How investing without equity works with Westmont Immo<\/h2><p><strong>Westmont Immo guides you from property selection through financing to letting.<\/strong> Even without starting capital you can invest in a rented property. Financing can cover up to 110 % of the purchase price, including incidental costs. Which terms are possible depends on creditworthiness and property \u2013 we clarify this together in the consultation.<\/p><a class='bt bt-p' href='#kontakt'>Request advice now<span class='ar'>\u2192<\/span><\/a><\/div>\n<div class='ph rvr'><img src='https:\/\/westmont-group.com\/immo\/wp-content\/uploads\/2026\/10\/westmont-immo-a-illustration.svg' alt='Modern residential complex as a capital investment in Germany' width='1200' height='900' loading='lazy'><div class='bd'><b>up to 110 %<\/b>financing possible<\/div><\/div><\/div>\n<div class='g3'><div class='cd rv'><div class='ic'>\u20ac<\/div><h3>Financing<\/h3><p>Up to 110 % of the purchase price, without your own starting capital.<\/p><\/div><div class='cd rv' style='--d:.12s'><div class='ic'>\u2302<\/div><h3>Letting<\/h3><p>Rent guarantee for steady monthly income.<\/p><\/div><div class='cd rv' style='--d:.24s'><div class='ic'>\u2699<\/div><h3>Management<\/h3><p>We take care of property and rental management for you.<\/p><\/div><\/div>\n<div class='tabs rv'><h3>Who is this for? Choose your situation<\/h3><div class='tb'><button class='on' data-t='0'>Employed<\/button><button data-t='1'>Self-employed<\/button><button data-t='2'>Investor<\/button><\/div>\n<p class='tp' data-p='0'>With a stable income, we check which financing of up to 110 % is possible for you.<\/p><p class='tp' data-p='1' hidden>As a self-employed person, too, we check your financing \u2013 we discuss the details in the consultation.<\/p><p class='tp' data-p='2' hidden>As an investor, you get properties suggested by location, condition and energy efficiency class.<\/p>\n<a class='bt bt-p' href='#kontakt'>Book a consultation<span class='ar'>\u2192<\/span><\/a><\/div><\/div><\/section>\n<section class='kfp-sec' style='--bg:#F4F7F2'><div class='w'><div class='g2 g2r'><div class='ph rvl'><img src='https:\/\/westmont-group.com\/immo\/wp-content\/uploads\/2026\/10\/westmont-immo-b-illustration.svg' alt='European city with investment properties' width='1200' height='900' loading='lazy'><\/div>\n<div class='rvr'><span class='lbl'>Property selection<\/span><h2>Find the right investment property<\/h2><p>The model is aimed at employees, self-employed people and investors who want to build wealth over the long term. We analyse your situation and suggest properties that fit \u2013 by location, condition and energy efficiency class.<\/p><ul class='ck'><li>Comprehensive documentation for a secure purchase<\/li><li>Live online viewings<\/li><li>Personal on-site viewings<\/li><\/ul><a class='bt bt-p' href='#kontakt'>Request properties<span class='ar'>\u2192<\/span><\/a><\/div><\/div><\/div><\/section>\n<section class='kfp-sec dk' style='--bg:#526B46'><div class='w'><div class='g2'><div class='rvl'><span class='lbl'>Loan applications and subsidies<\/span><h2>Financing without equity in 24 hours<\/h2><p>We submit your loan application to 920 banks and present you with the best loan offers within 24 hours. We also check possible KfW subsidies for your property.<\/p>\n<ul class='ck'><li>No equity required<\/li><li>Up to 110 % financing<\/li><li>KfW subsidies of up to \u20ac70,000 per unit<\/li><li>No broker fees<\/li><\/ul><a class='bt bt-w' href='#kontakt'>Request financing<span class='ar'>\u2192<\/span><\/a><\/div>\n<div class='rvr'><div class='ph' style='margin-bottom:16px'><img src='https:\/\/westmont-group.com\/immo\/wp-content\/uploads\/2026\/10\/westmont-immo-c-illustration.svg' alt='Satisfied couple planning their property financing' width='1200' height='900' loading='lazy' ><\/div><div class='big'><div><strong data-count='920'>920<\/strong><span>Banks receive your application<\/span><\/div><div><strong data-count='24' data-suf=' h'>24 h<\/strong><span>to the best loan offers<\/span><\/div><div><strong data-count='110' data-suf=' %'>110 %<\/strong><span>Financing of up to<\/span><\/div><div><strong data-count='70000' data-suf=' \u20ac'>70.000 \u20ac<\/strong><span>KfW subsidy of up to per unit<\/span><\/div><\/div><\/div><\/div><\/div><\/section>\n<section class='kfp-sec'><div class='w'><div class='g2 g2r'><div class='rvl'><div class='ph'><img src='https:\/\/westmont-group.com\/immo\/wp-content\/uploads\/2026\/10\/westmont-immo-d-illustration.svg' alt='Landlord with rent guarantee and property management' width='1200' height='900' loading='lazy'><\/div><\/div><div class='rvr'><span class='lbl'>Rent guarantee<\/span><h2>Rent guarantee and property management<\/h2><p>Tenants are selected professionally, including a credit check. We take care of property and rental management for you. With the rent guarantee you receive steady monthly rental income, even when tenants change or rent is missed.<\/p><\/div><\/div>\n<div class='g2c'><div class='cd rv'><div class='ic'>\u2713<\/div><h3>Rent default risk covered<\/h3><p>The rent default risk is covered in full.<\/p><\/div><div class='cd rv' style='--d:.15s'><div class='ic'>\u20ac<\/div><h3>Steady income<\/h3><p>Steady monthly rental income is guaranteed.<\/p><\/div><\/div><\/div><\/section>\n<section class='kfp-sec' id='steuern'><div class='w'><div style='max-width:860px' class='rv'><span class='lbl'>Taxes and funding<\/span><h2>Which tax benefits and funding are available?<\/h2><p class='ans'><strong>For rented properties you can deduct loan interest as income-related expenses and depreciate the building through AfA.<\/strong> In addition we check possible KfW funding of up to \u20ac70,000 per unit.<\/p><\/div><div class='g3'><div class='cd rv'><div class='ic'>%<\/div><h3>Depreciation (AfA)<\/h3><p>Usually 2 % per year of the building value, 3 % for new builds from 2023 and 2.5 % for buildings before 1925. Example: 2 % of a \u20ac200,000 building value is \u20ac4,000 per year. More in the <a href=\"https:\/\/westmont-group.com\/blog\/afa-rechner-immobilien\/\">AfA calculator<\/a> and the <a href='https:\/\/westmont-group.com\/blog\/abschreibung-immobilien-tabelle\/'>AfA table<\/a> (German).<\/p><\/div><div class='cd rv' style='--d:.1s'><div class='ic'>\u20ac<\/div><h3>Deduct interest<\/h3><p>Interest on the loan is deductible as income-related expenses when you let the property. It reduces the tax on your rental income.<\/p><\/div><div class='cd rv' style='--d:.2s'><div class='ic'>\u2713<\/div><h3>KfW and sale<\/h3><p>We check KfW funding for your property, depending on the programme up to \u20ac70,000 per unit. After a holding period of more than 10 years, a sale gain is generally tax-free, see <a href='https:\/\/westmont-group.com\/blog\/spekulationssteuer-immobilien\/'>speculation tax<\/a> (German).<\/p><\/div><\/div><p class='note rv'>The tax effect depends on your personal situation. Please speak to your tax adviser.<\/p><\/div><\/section><section class='kfp-sec' id='risiken' style='--bg:#F4F7F2'><div class='w'><div style='max-width:860px' class='rv'><span class='lbl'>Transparent<\/span><h2>What risks does a property without equity carry?<\/h2><p class='ans'><strong>The biggest risks are rising interest rates after the fixed-interest period, rent loss and value fluctuations.<\/strong> Full financing also increases your dependence on ongoing loan payments.<\/p><\/div><div class='tbw rv'><table class='tbl'><thead><tr><th>Risk<\/th><th>What can happen<\/th><th>How to limit it<\/th><\/tr><\/thead><tbody><tr><td>Interest rate change<\/td><td>The payment can rise after the fixed-interest period.<\/td><td>Choose a long fixed period, plan a buffer, use special repayments.<\/td><\/tr><tr><td>Rent loss<\/td><td>Rental income is missing while the payment continues.<\/td><td>At Westmont Immo the rent guarantee covers the rent loss risk.<\/td><\/tr><tr><td>Value fluctuation<\/td><td>The market value can fall below the loan.<\/td><td>Plan long term, pay attention to location, condition and energy efficiency class.<\/td><\/tr><tr><td>Maintenance<\/td><td>Repairs and renovations cost money.<\/td><td>Plan a reserve. We handle property and rental management for you.<\/td><\/tr><tr><td>Loss of income<\/td><td>Illness or job loss endangers the payment.<\/td><td>Consider term life and disability insurance.<\/td><\/tr><\/tbody><\/table><\/div><p class='rv' style='margin-top:18px'><strong>Opportunities:<\/strong> wealth building without equity, ongoing rental income, tax benefits and possible appreciation. We discuss opportunities and risks openly in the consultation before you decide.<\/p><\/div><\/section><section class='kfp-sec' id='fuer-wen'><div class='w'><div style='max-width:860px' class='rv'><span class='lbl'>Who is it for?<\/span><h2>Who is an investment without equity right for, and who is it not?<\/h2><p class='ans'><strong>It suits employees, self-employed people and investors with stable income and a long investment horizon.<\/strong> It is less suitable with uncertain income or without a financial buffer.<\/p><\/div><div class='g2c'><div class='cd rv'><h3>Well suited<\/h3><ul class='ck' style='margin-top:12px'><li>Stable income<\/li><li>Long-term investment horizon<\/li><li>Payment affordable even if interest rises<\/li><li>Wealth building without management effort<\/li><\/ul><\/div><div class='cd rv' style='--d:.15s'><h3>Rather not suited<\/h3><ul class='ck x' style='margin-top:12px'><li>Fluctuating or uncertain income<\/li><li>No reserve for the unexpected<\/li><li>Short-term intention to sell<\/li><li>Payment only barely affordable<\/li><\/ul><\/div><\/div><p class='rv' style='margin-top:22px'>Comparing asset classes? Also read: <a href='https:\/\/westmont-group.com\/blog\/pflegeimmobilie-als-kapitalanlage\/'>Care property as an investment<\/a> (German).<\/p><\/div><\/section><section class='kfp-sec' id='vergleich' style='--bg:#F4F7F2'><div class='w'><div style='max-width:860px' class='rv'><span class='lbl'>Comparison<\/span><h2>Buying with or without equity: which is better?<\/h2><p class='ans'><strong>Without equity you start right away, but pay a larger loan and usually more interest. With equity, payment and total cost fall.<\/strong> Which option fits depends on liquidity and risk appetite.<\/p><\/div><div class='tbw rv'><table class='tbl'><thead><tr><th>Criterion<\/th><th>Without equity (up to 110 %)<\/th><th>With equity (e.g. 20 %)<\/th><\/tr><\/thead><tbody><tr><td>Entry<\/td><td>Immediately, no saving up<\/td><td>Only after saving up<\/td><\/tr><tr><td>Loan amount<\/td><td>Up to 110 % of the purchase price<\/td><td>Approx. 80 %, incidental costs from own funds<\/td><\/tr><tr><td>Monthly payment<\/td><td>Higher<\/td><td>Lower<\/td><\/tr><tr><td>Interest rate<\/td><td>May be higher<\/td><td>Usually lower<\/td><\/tr><tr><td>Liquidity<\/td><td>Savings remain available<\/td><td>Capital is tied up<\/td><\/tr><tr><td>Risk<\/td><td>Higher debt load<\/td><td>Lower debt load<\/td><\/tr><\/tbody><\/table><\/div><\/div><\/section><section id='ablauf' class='kfp-sec' style='--bg:#F4F7F2'><div class='w'><div style='max-width:760px' class='rv'><span class='lbl'>Process<\/span><h2>5 steps to your investment<\/h2><p><strong>In 5 steps you go from the first consultation to a rented property.<\/strong> From the first consultation to letting, we guide you personally. We also stay by your side afterwards, for example when you later sell.<\/p><\/div>\n<div class='stp'><div class='st rv'><b>1<\/b><span>Consultation and needs analysis<\/span><\/div><div class='st rv' style='--d:.1s'><b>2<\/b><span>Property recommendation matching your profile<\/span><\/div><div class='st rv' style='--d:.2s'><b>3<\/b><span>Financing offers from 920 banks in 24 hours<\/span><\/div><div class='st rv' style='--d:.3s'><b>4<\/b><span>Purchase and notary appointment<\/span><\/div><div class='st rv' style='--d:.4s'><b>5<\/b><span>Letting with rent guarantee and property management<\/span><\/div><\/div><\/div><\/section>\n<section class='kfp-sec band dk'><div class='w'><h2 class='rv'>Ready for the first step?<\/h2><p class='rv'>Book your consultation now. Together we will check what is possible for you.<\/p><div class='rv'><a class='bt bt-w' href='#kontakt'>Book a consultation<span class='ar'>\u2192<\/span><\/a><a class='bt bt-g' href='https:\/\/crm.westmont-group.com' target='_blank' rel='noopener'>Go to Westmont CRM<\/a><\/div><\/div><\/section>\n<style>\n.kfp .kfp-eeat{display:grid;grid-template-columns:minmax(0,360px) 1fr;gap:56px;align-items:center}\n.kfp .kfp-eeat .ph{position:relative;border-radius:22px;overflow:hidden;box-shadow:0 24px 60px rgba(31,43,27,.18);background:#E1E7DD}\n.kfp .kfp-eeat .ph{height:auto!important;aspect-ratio:700\/887;max-height:none!important}.kfp .kfp-eeat .ph img{display:block;width:100%!important;height:100%!important;max-height:none!important;aspect-ratio:700\/887;object-fit:cover;object-position:center top}\n.kfp .kfp-eeat .ph::after{content:'';position:absolute;inset:0;border-radius:22px;box-shadow:inset 0 0 0 1px rgba(82,107,70,.25)}\n.kfp .kfp-eeat .nm{font-size:26px;font-weight:700;color:var(--pd);margin:0 0 4px}\n.kfp .kfp-eeat .rl{color:var(--p);font-weight:500;margin:0 0 18px}\n.kfp .kfp-eeat p.tx{color:var(--mut);font-size:17px;line-height:1.7;margin:0 0 14px}\n.kfp .kfp-eeat .bd{display:flex;flex-wrap:wrap;gap:10px;margin:18px 0 26px}\n.kfp .kfp-eeat .bd span{background:#fff;border:1px solid var(--bd);border-radius:999px;padding:8px 14px;font-size:14px;font-weight:500;color:var(--pd)}\n@media(max-width:800px){.kfp .kfp-eeat{grid-template-columns:1fr;gap:28px}.kfp .kfp-eeat .ph{max-width:320px;margin:0 auto}}\n<\/style><section class='kfp-sec' style='--bg:#F4F7F2'><div class='w'><div class='kfp-eeat'><div class='ph rv'><img src='https:\/\/westmont-group.com\/immo\/wp-content\/uploads\/2024\/04\/Untitled-design-6.png' alt='Daniel Badour, CEO of Westmont Group and property advisor' width='700' height='887' loading='lazy'><\/div><div class='rv' style='--d:.15s'><span class='lbl'>Your expert<\/span><h2 class='nm'>Daniel Badour<\/h2><p class='rl'>CEO Westmont Group \u00b7 Property advisor<\/p><p class='tx'>Daniel Badour leads the Westmont Group and advises on real estate as a capital investment. The information on this page is based on the services of Westmont Group Immo: financing, property selection, rent guarantee and property and rental management.<\/p><p class='tx'><a href='https:\/\/westmont-group.com\/blog\/exklusivinterview-mit-daniel-badour\/' style='color:var(--p);font-weight:700;text-decoration:underline'>Read the exclusive interview with Daniel Badour<\/a> (German)<\/p><div class='bd'><span>Access to 920 banks<\/span><span>Financing up to 110 %<\/span><span>No broker fees<\/span><\/div><a class='bt bt-p' href='#kontakt'>Book a consultation<span class='ar'>\u2192<\/span><\/a><\/div><\/div><\/div><\/section>\n<script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"Person\",\"name\":\"Daniel Badour\",\"jobTitle\":\"CEO\",\"image\":\"https:\/\/westmont-group.com\/immo\/wp-content\/uploads\/2024\/04\/Untitled-design-6.png\",\"worksFor\":{\"@type\":\"Organization\",\"name\":\"Westmont Group\",\"url\":\"https:\/\/westmont-group.com\/\"}}<\/script>\n<script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"Article\",\"headline\":\"Investment property without equity\",\"datePublished\":\"2026-10-14\",\"dateModified\":\"2026-10-16\",\"inLanguage\":\"en\",\"author\":{\"@type\":\"Organization\",\"name\":\"Westmont Group Immo\",\"url\":\"https:\/\/westmont-group.com\/immo\/en\/\"},\"publisher\":{\"@type\":\"Organization\",\"name\":\"Westmont Group\",\"url\":\"https:\/\/westmont-group.com\/\"},\"mainEntityOfPage\":\"https:\/\/westmont-group.com\/immo\/en\/investment-property-without-equity\/\"}<\/script><section class='kfp-sec' id='faq' style='--bg:#F4F7F2'><div class='w'><div style='max-width:820px;margin:0 auto'><span class='lbl rv'>FAQ<\/span><h2 class='rv'>Frequently asked questions<\/h2><details class='fq rv'><summary>Can I buy an investment property without equity?<\/summary><p>Yes, in principle this is possible. Depending on creditworthiness and property, financing can cover up to 110 % of the purchase price, so incidental costs are financed as well. Whether and on what terms this works for you, we clarify in the consultation.<\/p><\/details><details class='fq rv'><summary>What does 110 % financing mean?<\/summary><p>110 % financing means the bank finances the purchase price and also the incidental purchase costs, together up to 110 % of the purchase price. You need no equity, but the loan and the payment are higher.<\/p><\/details><details class='fq rv'><summary>How high are the incidental purchase costs?<\/summary><p>Depending on the federal state and commission they are roughly 5 to 12 % of the purchase price. Real estate transfer tax is 3.5 to 6.5 %, notary and land registry cost about 1.5 to 2 %. With Westmont there are no broker fees.<\/p><\/details><details class='fq rv'><summary>What requirements do I need for financing without equity?<\/summary><p>You mainly need stable, verifiable income, a clean credit record and a payment you can carry long term. The bank also checks that the purchase price matches the market value of the property.<\/p><\/details><details class='fq rv'><summary>How does financing without equity work?<\/summary><p>We submit your loan application to 920 banks and present you with the best offers within 24 hours. We also check possible KfW funding of up to \u20ac70,000 per unit.<\/p><\/details><details class='fq rv'><summary>How high is the monthly payment?<\/summary><p>It depends on loan, interest and repayment. In the example on this page (\u20ac275,000 loan, 3.5 % interest, 2 % repayment) it is about \u20ac1,260 per month. The example is not an offer.<\/p><\/details><details class='fq rv'><summary>What risks does an investment without equity carry?<\/summary><p>The biggest risks are rising interest rates after the fixed-interest period, rent loss, value fluctuations and maintenance costs. At Westmont Immo the rent guarantee covers the rent loss risk.<\/p><\/details><details class='fq rv'><summary>Can I deduct interest and depreciation for tax purposes?<\/summary><p>Yes, for rented properties loan interest is deductible as income-related expenses and the building can be depreciated through AfA, generally at 2 % per year. Clarify the exact effect with your tax adviser.<\/p><\/details><details class='fq rv'><summary>Who is an investment property without equity suitable for?<\/summary><p>For employees, self-employed people and investors with stable income who want to build wealth long term. It is important that the monthly loan payment is sustainable for you long term. We check this together with you.<\/p><\/details><details class='fq rv'><summary>Are there broker fees?<\/summary><p>No, with Westmont there are no broker fees.<\/p><\/details><details class='fq rv'><summary>What happens if the tenant does not pay?<\/summary><p>With the rent guarantee the rent loss risk is fully covered and you receive constant monthly rental income. Tenants are also selected beforehand through a professional selection process including credit checks.<\/p><\/details><details class='fq rv'><summary>Do I have to take care of tenants and management myself?<\/summary><p>No. We take over property and rental management for you.<\/p><\/details><details class='fq rv'><summary>How quickly do I get financing offers?<\/summary><p>We submit your loan application to 920 banks and present you with the best loan offers within 24 hours.<\/p><\/details><\/div><\/div><\/section><section class='kfp-sec' id='quellen'><div class='w'><div class='g2c src'><div class='rv'><span class='lbl'>Sources<\/span><h3>Laws and authorities (German)<\/h3><ul><li><a href=\"https:\/\/www.gesetze-im-internet.de\/estg\/__7.html\" target=\"_blank\" rel=\"noopener\">Section 7 EStG: Depreciation (AfA)<\/a><\/li><li><a href=\"https:\/\/www.gesetze-im-internet.de\/estg\/__9.html\" target=\"_blank\" rel=\"noopener\">Section 9 EStG: Income-related expenses<\/a><\/li><li><a href=\"https:\/\/www.gesetze-im-internet.de\/estg\/__23.html\" target=\"_blank\" rel=\"noopener\">Section 23 EStG: Private sales transactions<\/a><\/li><li><a href=\"https:\/\/www.gesetze-im-internet.de\/bgb\/__656d.html\" target=\"_blank\" rel=\"noopener\">Section 656d BGB: Allocation of broker costs<\/a><\/li><li><a href=\"https:\/\/www.gesetze-im-internet.de\/grestg_1983\/\" target=\"_blank\" rel=\"noopener\">Real Estate Transfer Tax Act (GrEStG)<\/a><\/li><li><a href=\"https:\/\/www.kfw.de\/\" target=\"_blank\" rel=\"noopener\">KfW: Funding programmes<\/a><\/li><\/ul><\/div><div class='rv' style='--d:.15s'><span class='lbl'>Keep reading<\/span><h3>On the Westmont blog (German)<\/h3><ul class='ln'><li><a href=\"https:\/\/westmont-group.com\/blog\/kaufnebenkosten\/\">Incidental purchase costs: items, percentages and examples<\/a><\/li><li><a href=\"https:\/\/westmont-group.com\/blog\/afa-rechner-immobilien\/\">Property AfA calculator in 3 steps<\/a><\/li><li><a href=\"https:\/\/westmont-group.com\/blog\/vermietete-wohnung-abschreiben\/\">Depreciating a rented apartment<\/a><\/li><li><a href=\"https:\/\/westmont-group.com\/blog\/immobilien-rechner-finanzierung-berechnen\/\">Calculate financing and monthly payment<\/a><\/li><li><a href=\"https:\/\/westmont-group.com\/blog\/immobilien-und-finanzierung\/\">Property and financing 2026<\/a><\/li><\/ul><\/div><\/div><p class='note rv'>This article is for general information and is not tax, legal or investment advice. All example calculations are simplified.<\/p><\/div><\/section>\n<div class='sk' id='kfsk'><span>Investment without equity \u2013 secure your consultation now<\/span><a class='bt bt-w' href='#kontakt'>Consultation<span class='ar'>\u2192<\/span><\/a><\/div>\n<\/div>\n<script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"Can I buy an investment property without equity?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Yes, in principle this is possible. Depending on creditworthiness and property, financing can cover up to 110 % of the purchase price, so incidental costs are financed as well. Whether and on what terms this works for you, we clarify in the consultation.\"}},{\"@type\":\"Question\",\"name\":\"What does 110 % financing mean?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"110 % financing means the bank finances the purchase price and also the incidental purchase costs, together up to 110 % of the purchase price. You need no equity, but the loan and the payment are higher.\"}},{\"@type\":\"Question\",\"name\":\"How high are the incidental purchase costs?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Depending on the federal state and commission they are roughly 5 to 12 % of the purchase price. Real estate transfer tax is 3.5 to 6.5 %, notary and land registry cost about 1.5 to 2 %. 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r=ko.getBoundingClientRect();if(r.top<window.innerHeight)show=false}if(sk)sk.classList.toggle('show',show)}\nwindow.addEventListener('scroll',sc,{passive:true});sc();\nd.querySelectorAll('.kfp .tb button').forEach(function(b){b.addEventListener('click',function(){d.querySelectorAll('.kfp .tb button').forEach(function(x){x.classList.remove('on')});b.classList.add('on');d.querySelectorAll('.kfp .tp').forEach(function(p){p.hidden=p.dataset.p!==b.dataset.t})})});\nd.querySelectorAll(\"a[href^='#']\").forEach(function(a){a.addEventListener('click',function(e){var t=d.querySelector(a.getAttribute('href'));if(t){e.preventDefault();t.scrollIntoView({behavior:rm?'auto':'smooth'})}})});\n})();\n<\/script>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-8bbac49 kfp-formsec elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"8bbac49\" data-element_type=\"section\" data-e-type=\"section\" id=\"kontakt\" data-settings=\"{&quot;background_background&quot;:&quot;gradient&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-45 elementor-top-column elementor-element elementor-element-ccad373\" data-id=\"ccad373\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-70fa13f elementor-widget elementor-widget-html\" data-id=\"70fa13f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class='kfp dk'><span class='lbl'>Let us talk<\/span><h2 style='color:#fff'>Book a consultation<\/h2><p>Talk to us about your investment without equity \u2013 we will get back to you with a tailored offer.<\/p><ul class='ct'><li>Westmont Leads GmbH, Uerdinger Stra\u00dfe 333, 47800 Krefeld<\/li><li><a href='mailto:hello@westmont-group.com'>hello@westmont-group.com<\/a><\/li><\/ul><a class=\"bt bt-w\" href=\"https:\/\/crm.westmont-group.com\" target=\"_blank\" rel=\"noopener\" style=\"margin-top:22px\">Go to Westmont CRM<span class='ar'>\u2192<\/span><\/a><\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-55 elementor-top-column elementor-element elementor-element-0046f10\" data-id=\"0046f10\" data-element_type=\"column\" data-e-type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-2dcda97 elementor-button-align-start elementor-widget elementor-widget-form\" data-id=\"2dcda97\" data-element_type=\"widget\" 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elementor-field-group-utm_term elementor-col-100\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<input size=\"1\" type=\"hidden\" name=\"form_fields[utm_term]\" id=\"form-field-utm_term\" class=\"elementor-field elementor-size-sm  elementor-field-textual\">\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<div class=\"elementor-field-group elementor-column elementor-field-type-submit elementor-col-100 e-form__buttons\">\n\t\t\t\t\t<button class=\"elementor-button elementor-size-sm\" type=\"submit\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Submit<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/button>\n\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/form>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-3368","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/westmont-group.com\/immo\/wp-json\/wp\/v2\/pages\/3368","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/westmont-group.com\/immo\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/westmont-group.com\/immo\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/westmont-group.com\/immo\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/westmont-group.com\/immo\/wp-json\/wp\/v2\/comments?post=3368"}],"version-history":[{"count":1,"href":"https:\/\/westmont-group.com\/immo\/wp-json\/wp\/v2\/pages\/3368\/revisions"}],"predecessor-version":[{"id":3376,"href":"https:\/\/westmont-group.com\/immo\/wp-json\/wp\/v2\/pages\/3368\/revisions\/3376"}],"wp:attachment":[{"href":"https:\/\/westmont-group.com\/immo\/wp-json\/wp\/v2\/media?parent=3368"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}