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Updated over 1 year ago on . Most recent reply

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68
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16
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David Yee
16
Votes |
68
Posts

How to finance an ADU?

David Yee
Posted

Hello. My primary residence has a large backyard that can easily fit an ADU. Based on some online calculators I used, I can probably get a HELOC of about $150k in 3 years time. It could cost up to $450k to build the ADU. What options do I have to get the necessary financing to fund the rest of the construction? I live in Poway, Ca which is part of San Diego county.

Thank you!

Most Popular Reply

User Stats

190
Posts
77
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Steve Meyers
  • Real Estate Agent
  • San Diego, CA
77
Votes |
190
Posts
Steve Meyers
  • Real Estate Agent
  • San Diego, CA
Replied

@David Yee my advice would be to look into Multitasker. I got introduced to them at an ADU meetup recently in Solana Beach and was impressed with all they have to offer and they do financing for ADUs. https://gomultitaskr.com/adu-f...

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