Should You Build an ADU? What Homeowners Need to Know
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Should You Build an ADU? What Homeowners Need to Know
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Thinking about building an ADU? There’s a lot more to consider than just adding extra space.
In this episode of Just Ask John King, I break down what an ADU is, how homeowners are using them for rental income, aging parents, adult children, and more, and some of the financing options available to help pay for one.
I also explain why a HELOC isn’t always the best answer, how your home’s future value may come into play, and why the right financing strategy depends on what you’re actually trying to accomplish.
If you’re considering an ADU or simply wondering what options you may have with your home equity, this episode will help you understand what questions to ask before making a decision.
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John King, NMLS #453426 | CrossCountry Mortgage, LLC, NMLS #3029 | Equal Housing Opportunity
All loans are subject to underwriting approval. Restrictions apply. This content is for general educational purposes and is not legal, tax, investment, or individualized financial advice.