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Updated over 4 years ago, 06/26/2020

User Stats

206
Posts
89
Votes
Charles Cooper
  • Real Estate Broker
  • San Pedro, CA
89
Votes |
206
Posts

ADUs in California...what are the financing terms?

Charles Cooper
  • Real Estate Broker
  • San Pedro, CA
Posted

Anyone know what companies are financing ADUs and what are the average costs of adding a one bedroom? Analyzing if I should add an ADU to my personal residence.

User Stats

464
Posts
143
Votes
Pavan Sandhu
  • Developer
  • Sacramento, CA
143
Votes |
464
Posts
Pavan Sandhu
  • Developer
  • Sacramento, CA
Replied

creative financing is going to be your best bet. each scenario is unique but no speicifc financing available to finance ground up, foundation and all ADU.Personal loans, LOCs, equity from primary residence are the top choices.