443: How He Leveraged ADUs to Build $700K Equity in ONE DEAL

In this episode, David Lecko sits down with Edmond Bondoc to uncover how he built nearly $700,000 in equity on a single property by leveraging Seattle’s ADU laws. Edmond reveals the exact financing, design, and condo-ization strategy he used to add both an attached and detached ADU to one lot—turning a half-finished fixer into a wealth-building machine. KEY TALKING POINTS: 00:00 - Intro 00:58 - Overview of Edmond’s Business 04:00 - Breaking Down His Property With 2 ADUs 08:47 - Financing for the ADUs 12:42 - The Specs of the ADUs 14:48 - Why One Detached and One Attached 16:25 - Next Steps 18:15 - Pre Real Estate 21:56 - Pulling Equity Out & Using HELOCs 23:56 - What Edmond Does For Fun 24:28 - The Springboard Event 25:15 - How to Contact Edmond 25:32 - Outro LINKS: Instagram: Edmond Bondoc https://www.instagram.com/edmondfromedmonds/ Links: Edmond Bondoc https://linktr.ee/edmondfromedmondsre Instagram: David Lecko https://www.instagram.com/dlecko Website: DealMachine https://www.dealmachine.com/pod Instagram: Ryan Haywood https://www.instagram.com/heritage_home_investments Website: Heritage Home Investments https://www.heritagehomeinvestments.com/