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<blockquote data-quote="binky" data-source="post: 537681" data-attributes="member: 490"><p>We have sufficient funds to buy ' first time buyer ' properties for cash. My problem is persuading the wife, who is extremely risk adverse <img class="smilie smilie--emoji" loading="lazy" alt="☹️" title="Frowning face :frowning2:" src="https://cdn.jsdelivr.net/joypixels/assets/8.0/png/unicode/64/2639.png" data-shortname=":frowning2:" />.</p><p></p><p>If it's taking more than 3 months to renovate, I would say that's too much work, but then if you double the return...</p><p></p><p>A friend of mine went down this route a decade or so ago. Last time I saw him he had tried moving up a level and regretted it as it was far harder to sell even if he did make more money from it.</p></blockquote><p></p>
[QUOTE="binky, post: 537681, member: 490"] We have sufficient funds to buy ' first time buyer ' properties for cash. My problem is persuading the wife, who is extremely risk adverse ☹️. If it's taking more than 3 months to renovate, I would say that's too much work, but then if you double the return... A friend of mine went down this route a decade or so ago. Last time I saw him he had tried moving up a level and regretted it as it was far harder to sell even if he did make more money from it. [/QUOTE]
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