Why First Home Buyers Can't Buy a Do-up And What the Opportunity Is For Investors | Ep. 225

In this episode, we discuss why first and second home buyers often can't buy a do-up and why that presents an opportunity for property investors. A common misconception is that when first home buyers purchase a do-up that they can borrow the renovation costs as well ... because the property will soon be worth more. That's not the case, you cannot borrow renovation costs, unless you already have more than a 20% deposit. That means that low-deposit borrowers (primarily first and second home borrowers can't afford t do a property up. But, they could afford to purchase a more expensive property that has already been renovated. We also mention our upcoming property investors webinar where we will teach you how to get more money from the bank and grow your property portfolio. Sign up to the webinar here.