I am in the process of closing on another house in Oregon.

If anyone has an end lender that has successfully closed a handful occupied padsplit loans and can underwrite based off actual padsplit rents I would really appreciate an intro.

Rents will go up.

We have the opposite problem up north in Cleveland.

The struggle comes when you plan to sell, pay close attention to how the bank would treat the loan in the event you would sell.Even though its a bit more work, banks are typically open to these loans as it provides them with additional collateral in the event of default.  

I recently opened a HELOC and I recall it's at prime for the first year (7.5% currently), and I only paid minimal closing costs.PML or HML I would expect rates >10%, plus points, possible prepayment penalties etc.

The original closing date was in Oct 2022.  

Then after that, Fannie will lend on up to 10 for any one investor.

And all the folks that could never get a deal to close and lost their deposit to them and EM etc etc..

If a landlord was responsible for each replacement it would add up quickly.