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How to Get a $100K Renovation for Free, According to the Experts

There may not be such a thing as a free lunch but did you know that you can have what is essentially a free reno? If you can renovate a property, increase its value and then refinance to extract the value back out, there is a possibility that a major $100k – or even a $500k – reno could be “free” or close to it. The key here is that you need to create value. How? Matthew Lee and Ming Lim are expert real estate investors who run Volition Properties, a leading real estate investment advisory and realty firm in Toronto. They describe how they help their clients and you get “free” renos.



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