Renovating for deposits (buy, reno, hold, repeat).

Who of you has had success in renovating properties to produce deposits to do more?

Ideally:

• Buy at 80% LVR
• Renovate
• Val shop
• Refinance with new lender at 88% (taking out more than your deposit/purchase and reno costs combined)
• Renovated property = cashflow neutral or positive
• Repeat

If so, I?d love to know about the projects (numbers, timing etc).

Renovating for deposits (buy, reno, hold, repeat).