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Updated about 3 years ago on . Most recent reply

Amy Turnbull's profile image
Amy Turnbull's profile image
Amy Turnbull
  • from Dalton, MA
  • Member since Jul 23, 2017
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Amy Turnbull's profile image
Amy Turnbull's profile image
Amy Turnbull
  • from Dalton, MA
  • Member since Jul 23, 2017
Connect
Amy Turnbull
  • Dalton, MA
8
Votes |
38
Posts
Creative Real Estate Financing

Homestyle Renovation Loan for ADUs: Fact or Fiction?

Amy Turnbull
  • Dalton, MA
Posted

I'm advocating for accessory dwelling units in my town. I thought this was the hard part--getting ADUs legalized--but it turns out, financing will be my biggest challenge! Has anyone actually done a Homestyle loan to build an ADU or is this type of loan just a much-publicized myth?

If you have any experience with this loan, please share your story!

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Brian Larson's profile image
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Brian Larson
  • Investor
  • from San Jose, CA
  • Member since Nov 4, 2018
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Brian Larson's profile image
Brian Larson's profile image
Brian Larson
  • Investor
  • from San Jose, CA
  • Member since Nov 4, 2018
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Brian Larson
  • Investor
  • San Jose, CA
227
Votes |
308
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Brian Larson
  • Investor
  • San Jose, CA
Replied

@Amy Turnbull - I used cash and a HELCO to build my ADU in San Jose, CA.

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