Financing Programs

100% Financing

Are you interested in a joint venture to capitalize on the new law but don’t have or want to infuse your own money?

If you have an existing detached garage that has unobstructed access from the alley or driveway, then you may qualify for $0 Money Down / 100% Financing, and have SkyDADU do all the work to build a new DADU.

Two Options:

1. You and SkyDADU share the profit 50/50. In this option, you as the Property Owner are interested in generating income from the sale of the new DADU. But you also have an option* to buyback the equity and turn the DADU into a passive income stream.
2. You sell the existing detached garage to SkyDADU outright. In this option, you as the property owner are interested in selling the (old, dilapidated…?) existing garage as-is, and receiving the sales proceeds at the closing before SkyDADU builds a new DADU.

*Terms and conditions apply.

50% Financing

Are you interested in creating a passive income stream or making a profit by converting the unused space in your yard into a DADU?

The new law is upending municipal zoning by allowing DADUs to be built in what used to be considered the encroachment areas. SkyDADU will perform feasibility to ensure viability and comprise all cost associated into a breakdown for you to review.

So, if you believe DADU to be a better investment than the stocks, bonds, etc., start at the 50% equity position and let SkyDADU help you achieve your long-term financial goals.

0% – 50% Financing

Do you need financing for your DADU but intend to rent it only to your family members?

If you plan to exclusively have your family members move into the DADU but don’t have enough funds to cover the entire cost, SkyDADU will still need to provide the legal services (condominiumiziation, LLC & HOA set ups, etc.) until you buyout the entire equity. In this scenario, SkyDADU can bridge the gap through its equity financing program up to 50%.

Or, do you have the funds to cover the entire construction cost of your DADU but need assistance to set it up properly so you can rent it to non-family members?

In this scenario, you hire Sockeye Homes directly, but SkyDADU can still provide its legal services to condominiumize the DADU, set up the LLC and HOA, etc. to protect you from potential issues that can arise with non-family renters.