Congratulations on being close to debt-free!

Eliminate debt, establish a budget, and save.

So this is common thought and why it is a real challenge to get debt secured by the ADU value add at higher than 50% of the addition cost. 

You could have a $500/mo power bill and it will not be included in debt to income ratios, but a $300 solar payment will be considered for DTI. 

@Philip MurphyYou would need to have the taxes paid and payoff his mortgage for you to receive clear title and title insurance.All debts on the property must be satisfied to provide clear title

Monthly debt service at 7% interest.

What no one is talking about it the amount of debt families are carrying right now.  

Its caused him to go in to extreme debt and he just needs to get this handled. 

Now if try tailing the entity on deed "up-stream" come to find it's a meandering trail of breadcrumbs, come to find they themselves are debt loaded via notes on properties to other entity, that again is a meandering trail ending in WY entity behind a wall of ownership interest in such so never get peoples names.  

Taking bonus depreciation early is a tax deferral, not a tax savings.Recapture is real and debt must be repaid!