Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 3 years ago,

User Stats

50
Posts
16
Votes
Trevor Murphy
  • New to Real Estate
  • Greater Seattle Area
16
Votes |
50
Posts

Permitting Single Family Home with and ADU

Trevor Murphy
  • New to Real Estate
  • Greater Seattle Area
Posted

Background: 

I live in the greater Seattle area

-Iv house hacked a single family home (2 story / 3 bed / 2 bed) 

-10% down, purchase price $583,000, took a loan out on my stock portfolio to pay for the remodel (4% interest rate)

-Looking to refinance in March and wrap my remodel loan + home loan together

-I did a complete remodel of both the top unit and lower unit, planning to live on the top unit and rent out the bottom unit ($2000/month) *the mortgage is $2800

-I would like to have two separate mail boxes for each unit. I talked to the permitting department with the county and they said I need to apply to permit the top unit as an ADU.

My question is:  

-Does permitting the top unit as an ADU have any positive or negative effect on the value of the home?

-Would you guys recommend getting this permitted?

Loading replies...