[sburl]

Hi there - my name is Spencer and I'm one of the co-founders of Rent the Backyard.

It's worth noting that this is actually something the article wasn't great on. If your buyer is excited about continuing this agreement, we're happy to sign the unit over and even take a second position to a new mortgage so you don't ever need to pay anything.

The great thing about a backyard apartment is that it is a permanent improvement to your property and increases the value of the home but you have a great point. We aren't the best short term partner. If you don't plan on staying in your home for a long time, making substantial improvements to your property doesn't make sense. We're focused on helping homeowners be able to stay in their home as the cost of living rises. We're committed to doing the right thing and turning away prospective customers who don't fit this profile.

[gonehome]

This sounds pretty cool - and would help a lot with buying a place (using the rented backyard ADU to offset the cost of the mortgage). I suspect the bank wouldn't care about this for mortgage qualifications, but it would be nice if they did.

[sburl]

Definitely a good use case! We make the borrower a bit more stable and creditworthy with a unit like this so that might be something for us to dig into in the long run