ADU or another house

[Marco Cruzatt]

Hello, 

I have a house in Thousand Oaks, CA (Currently my main residence) and I plan on building a Junior ADU and a detached ADU. I already got the permits for the JADU and I'm about to finish construction. If all goes well, it will be up for rent in December. Moreover, the construction of the detached ADU is going to cost me around $250k-$300k cash . My question is, do I get get a loan for the detached ADU or should I put the ADU on hold and purchase another property?

Thank you 

[Nate Meeker]

@Marco Cruzatt - I have tons of clients who rent out their ADUs and those who own multiple properties. On average, those who own multiple properties scale quicker and develop a stronger portfolio for the long-term.