The Lucrative ADU Opportunity
You might qualify to purchase an ADU with no money out of pocket through a Home Equity Line of Credit (HELOC) from your preferred banking institution.
Even if your debt to income ratio is maxed, the OHANA KIT could qualify you for a loan. Many lenders will approve an “OK Loan” (specifically for Ohana Kits) based on the future income potential of your new ADU. This has never before been possible either for home additions or “ohana units” (otherwise known as mother-in-law suites).
An ADU can immediately increase the value of your property beyond the unit’s cost; in other words, with financing, the bank will essentially pay for your new ADU.
By taking advantage of these incentives, you can earn permanent and regular passive income from renting your OHANA KIT ADU.
Alternatively, you can maximize the income potential of your property by moving into your newOHANA KIT ADU and renting out your primary residence.
While Hawaii ADU does not offer investment or tax advice, it’s obvious that installing an OHANA KIT ADU offers homeowners an unprecedented investment opportunity that can both improve your quality of life today and assure your future retirement security.