Hi All
A friend is considering a property investment in Hay .. purchase under $100k, quick refinance and pull out capital ...within 3-4 months for a profit of close to 18% of capital involved.
Wikipedia says Hay is a town in the western Riverina region of south western New South Wales, Australia. It is the administrative centre of Hay Shire local government area and the centre of a prosperous and productive agricultural district on the wide Hay Plains.
Does anyone here invest in Hay ? Any compelling reasons not to get into that market besides the population being under 10,000.
Thanks
A friend is considering a property investment in Hay .. purchase under $100k, quick refinance and pull out capital ...within 3-4 months for a profit of close to 18% of capital involved.
Wikipedia says Hay is a town in the western Riverina region of south western New South Wales, Australia. It is the administrative centre of Hay Shire local government area and the centre of a prosperous and productive agricultural district on the wide Hay Plains.
Does anyone here invest in Hay ? Any compelling reasons not to get into that market besides the population being under 10,000.
Thanks