Hi All –
My partner and I are looking at using Dean & Elise Parker's renovating system to buy and sell our first property to create some capital.
We are eligible for the first home buyers grant and would be happy to use it as our primary place of residence for the 6month period.
Has anyone had any experience with this system? Words of wisdom?
Hi Mayban
In concept, your strategy would work… only word of caution would be living in a house under renovations for 6 months could be a rough experience at times.
Other comment would be in six months time, rather than selling your property and paying all the associated exit costs, simply re-finance and use the equity to go again…
I know it probably differs in each State, I'm from WA, but if you try and sell your property yourself rather than going through a real estate agent, how significant are the sales costs?
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