My wife and I are looking at a buy-reno-sell approach to increase our cash holdings and to pay down debt. The question then, seeing that the market generally is trending sideways or weaken appreciation, is the good approach now to buy a property below market price, do a quick reno and then sell back at market price?
We are looking at this approach to make some cash and pay down our debts. We are based in SE Melbourne and am looking at a middle suburb like Noble Park.
Regards,
Daniel Lee
We are looking at this approach to make some cash and pay down our debts. We are based in SE Melbourne and am looking at a middle suburb like Noble Park.
Regards,
Daniel Lee