Private Lending & Conventional Mortgage Advice
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated about 5 years ago, 09/23/2019
Adding ADU to fourplex in California
So apparently the ADU law (SB 1069) in California allows the addition of an ADU to a fourplex.
Does anyone know if conventional lenders will still consider this to be a residential property?
(Is it still a fourplex?)
If it becomes a fiveplex, are there comparable lending options anyway?