Primarily, allowing home buyers to include rental income from accessory dwelling units during the mortgage underwriting process and reducing the MIP on FHA-insured mortgages — which saves borrowers up to $800 a year — the agency said.Julia Gordon, the assistant secretary for Housing and Federal Housing Commissioner also said that they were looking at changes with 203k loans, which are government loans that are more commonly known as a rehab or a renovation loan.

ADU’s are accessories to the primary home and due to the limited number of comps, since adu’s are typically build and holds, there’s not much to compare it to which would leave appraisers little to go off of in terms of determining value. 

I am leaning towards converting an existing freestanding accessory dwelling by expanding it into an ADU, it already has electricity, water, sewer (other option is a detached garage).

An ADU is considered an accessory structure.

Definition of limited cash out refinance by Fannie Mae: Client is not required to take any cash out but the maximum they can take out is the lessor of 1% of the loan amount or $2,000.Accessory Dwelling Units: Fannie Mae does not currently allow for the use of ADU’s on 2-4 units.

For example converting a garage into an Accessory Dwelling Unit (if allowed).

For instance, our larger properties tend to be more child friendly and will include items needed for younger children while our smaller properties cater to traveling professionals and always include a desk, monitor, comfortable office chair, and desk accessories. 4.

Im looking at the code and the legality of tiny homes.You dont need a permit to build a one-story detached accessory buildings used as tool and storage sheds, playhouses and similar uses, provided the gross floor area does not exceed a set amount of square feet, the plate height does not exceed a set feet in height above the grade plane at any point, and the maximum roof projection does not exceed certain amount of inches.

Arlington states short term rentals are "Accessory homestay permits allow residents to host overnight guests for stays of less than 30 days in residential dwelling units that they reside in as their primary residence."

- Coordinated accessories create a cohesive and stylish feel.2.