Want to Add a Granny Flat or Rental ADU? Here’s How to Finance It – El Paso Inc.

ADUs are going mainstream. An ADU (accessory dwelling unit) is an independent living space sharing the same lot as a single-family house. Depending on the structure and the local slang, you might know it as a granny flat, carriage house, garage or basement apartment, backyard cottage, tiny house or something quirkier.