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if the bank won't lend on a development with less than a 25% IRR (or more like i'm finding) - then this isn't going to be much comfort.

how do new houses or reno jobs stack up in your area? i'd personally need to get a good deal on the overal initial purchase to be left with a house-only mortgage for the rear to make the figures work to a decent 25-35% IRR after sale - or produce a yield that will cover ALL costs. if the house...

what's your project and exit strategy? cosmetic or structural reno? will you end up with "just another" 4 bed house in a 4 bed house suburb, or are you looking for 3 bedders in 4 bed suburbs because the 4 bedders are selling at a premium and the 3 bedder is "too cheap" or are you looking to...

during boom markets - anything. during downtimes you need to look for suburb by suburb discrepancies. i recently identified a possible renovating niche profit in some west surburbs (perth) property and i can see this in a few key southern suburbs too. renovating for profit is a strict business...