Expect a custom ADU to take 9–18 months, with 3–6 months for design and permitting and 6–12 months for construction, depending on complexity and contractor availability, and the speed of processing permits.

Cashflow, ability to build a team, landlord tenant laws, price to rent ratio etc.......were all factors in the decision making process almost a decade ago.Now,  I wonder why your approach is an either or view? 

This process is easier to qualify for.

Loan amount is essentially unchanged since the loan is just under 2 years old.I thought the lending process was absolutely obnoxious last time around so I was wondering if anyone had any good referrals or recommendations.

Wishing you a season filled with joy, warmth, and endless blessings.

Lenders get paid at closing.Consider developing a better process to find and vet your lenders, Torianne.

I am in the process of refinancing for 100k to purchase a second property.

On the other hand, a detailed quote with a higher total may offer more transparency and reduce the risk of surprises as the project progresses.I specialize in consulting services for situations like this, where I help clients evaluate contractor quotes, ensure transparency, and navigate the renovation process with confidence.

We are submerged in the process of learning all the we can; reading the books, listening to podcasts, watching the webinars, etc. and want to know more so we can get started with as much information as possible.

Start small, refine your process, and use your network to connect with local investors and seasoned professionals for guidance.Good luck!