It normally leads to them taking on more risk than they should have or a large BRRR project that they didn't understand. 

I would like to refinance in 5yrs to a normal 15yr conventional loan. 

What’s the longest you’ve ever had a vacancy or considered as normal?

Tobias,If you are doing rehab to the building before you move in, rent out, or sell the normal policy for that is a Renovation Builders Risk policy.  

The only scenario where we normally would include utilities is if the properties utilities are not individually metered.

A normal person should just be able to leave the money in their savings and pay you as it becomes due this person doesn’t think they can so I’d pass.  

Would be curios to hear @Brian Adams if your messaging changed from the normal "we buy houses" tagline of wholesaling to something a little more sophisticated and personalized for multifamily? 

Before they leave I buy all the normal consumable supplies for each place, assuming they will all need restocked. 

Any idea if homes normally being sold on hudhomestore are going elsewhere, or is there a backlog, factoring it it wouldn't be all that much since there's been a moratorium?

@Milena Blanch, that sounds odd to me as the HELOCs I have seen are 75-80% LTV just like a normal loan would be.