Make sure you know the value the ADU will add to the property before building the ADU. 2) The financing on an ADU is typically far worse than for initial investment property acquisition or is often not leveraged (HELOC, cash out refi, etc).

How did you finance this deal?

Now I maybe should reconsider.. you know like the guy who charges 10k and you have split first 500k with him and he will finance your deals. 

Unless you want a full time job finding deal directly.For hard money / rehab financing @Paul Starnes with Investmark Mortgage For long term financing @Andrew Postell is your go to lender.

Once you buy this policy, set it aside and this can be a financing source you use in the future for more deals.)

A single-member LLC is considered a "disregarded entity" for tax purposes, meaning that the IRS disregards the entity, and you report the income and expenses on your individual tax return.It's common for investors to use an LLC for liability protection and to keep their business and personal finances separate.

How did you finance this deal?

I will post the BP event link here: FREEdM - Financial + Real Estate Education Meetup (biggerpockets.com)If you are interested in learning about the creative finance side, then linking up with @Ingryd Hernandez is the best place to start.

I'm currently working on getting information on financing options.

@Patrick Britton @Wayne Brooks There are FHA programs that will go down to a 580, but will only finance up to 90% LTV.