I have been building, my own home for 18mths, and have some equity, but have not shown income for the same time, lic "c" in canberra, and built and renoed a good few homes in the ACT, at this time i would like to purchase a 3x1, and change it into a 4x2 inc ,new wetarea's, kitchen , paint, render, etc.i can do all this for about 20<35k. i have done this b4. at the moment, prop avail at say 380K reno, 30k, and flick it back on the market for, 490<540k, this is good k return, for 3,4 months , your comments please, craig!