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Updated over 6 years ago on . Most recent reply

User Stats

9
Posts
1
Votes
Kevin Seder
  • Realtor
  • Atlanta, GA
1
Votes |
9
Posts

Single family homes with in-law suites

Kevin Seder
  • Realtor
  • Atlanta, GA
Posted

I have considered buying a 2-4 unit apartment to house hack but haven't found one I like yet. My lender told me to consider homes with in-law suites that I could rent out because they hold value better, resale better and could get me lower interest rates. So far I like the idea. Does anyone have experience to share regarding this or thoughts on this?

Thanks!

Most Popular Reply

User Stats

485
Posts
310
Votes
Maurice D.
  • Coppell, TX
310
Votes |
485
Posts
Maurice D.
  • Coppell, TX
Replied

check your city rules carefully. many cities specifically forbid renting ADU for profit in Single family zoned lots.

For example Austin, Denver, Colorado Springs is ADU friendly. many are NOT!

ADU = Accessory Dwelling Unit aka carriage house , in-law suite etc.

https://accessorydwellings.org/adu-regulations-by-...

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