Hi guys - first post on the new forum! Cut a long story short - have 5 properties with one in SMSF in our portfolio. We have one older house that was inherited that we have decided to sell during the summer - current value $360,000 with a $100,000 loan on it now. We reckon with some sensible work we can get the value up over $450,000 for sale and get rid of it quickly (it's close to the beach etc). My other properties are at 80% LVR or near enough. Problem - due to doing that silly thing of leaving a PAYG job and starting a business less than two years ago, bank has already knocked back a request to borrow the funds to renovate the property, citing serviceability, even though the rent is $360pw now. We simply want to borrow some funds, renovate, sell and clear the debts, credit cards and another mortgage - common sense I thought. I have seen one company advertise renovate then pay on sale which seems the perfect solution, however they only operate in Melbourne. Does anyone know of similar schemes or of a finance strategy to get this reno happening? Thanks in advance.