Hey all,
So i went to have a look at an unusually low priced house in the nice part of town. The house was quite small but had the essentials and was very tidy. We (my wife and me) both loved it and could see everytihng setup in this new place.
after the weekend, i put an offer to the REA who then relayed to the vendors who accepted the same day, next day contract was signed and we are on our way to owning our first home.
Now one thing we both agreed on was that the kitchen needed some changes/updates before we moved in.
so what is the best way to go about funding a small kitchen reno since i have minimal spare cash. i know the best thing to do would be save and do it later but we have small kids (2 x 7m/o and 1 x 4 y/o) and if it gets pushed back it will never get done.
Now i originaly thought a "top up" or something similar might be possible as i got the house well below median price for the area, but not sure if thats possible as no suprise the bank valued the house at purchase price ($260k)
Realestate.com.au Listing
minimum deposit and LMI takes the LVR to 96%
If its not obvious from the photos, the plan is to remove the vertical cupboard completely and put a large island bench bar that can sit 4. and add a pantry and fridge space to the end of the other all towards the door.
So i went to have a look at an unusually low priced house in the nice part of town. The house was quite small but had the essentials and was very tidy. We (my wife and me) both loved it and could see everytihng setup in this new place.
after the weekend, i put an offer to the REA who then relayed to the vendors who accepted the same day, next day contract was signed and we are on our way to owning our first home.
Now one thing we both agreed on was that the kitchen needed some changes/updates before we moved in.
so what is the best way to go about funding a small kitchen reno since i have minimal spare cash. i know the best thing to do would be save and do it later but we have small kids (2 x 7m/o and 1 x 4 y/o) and if it gets pushed back it will never get done.
Now i originaly thought a "top up" or something similar might be possible as i got the house well below median price for the area, but not sure if thats possible as no suprise the bank valued the house at purchase price ($260k)
Realestate.com.au Listing
minimum deposit and LMI takes the LVR to 96%
If its not obvious from the photos, the plan is to remove the vertical cupboard completely and put a large island bench bar that can sit 4. and add a pantry and fridge space to the end of the other all towards the door.