Hi everyone,
This may come as a very straight forward question for most, but I was just reading treewx's thread regarding quitting their day job to invest full time, and noticed that property trading came up very often.
I assume property trading is buying, doing up, and selling on for a profit? If this is the case, would it not be more beneficial to have the property revalued and use the equity created to buy another property?
Again, apologies if this is super basic for most, but I'm only just getting started on my journey.
Thanks
This may come as a very straight forward question for most, but I was just reading treewx's thread regarding quitting their day job to invest full time, and noticed that property trading came up very often.
I assume property trading is buying, doing up, and selling on for a profit? If this is the case, would it not be more beneficial to have the property revalued and use the equity created to buy another property?
Again, apologies if this is super basic for most, but I'm only just getting started on my journey.
Thanks
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