The good part is that it's easy for my agent to verbally float a number out there to get me in the door(s) or just to get a quick "HECK NO!" 

I also think you would see this more with SFH investors and small multi-family investors with properties financed on conventional loans, or floating rate commercial loans.

In this scenario, we had to manage the float pretty tightly, as the bank would not release funds until stages were complete, thus no money upfront, however, in most cases we were able to use invoices for materials, etc that were on a short credit window to make it happen.   

Hi Dave Laird,I covered the 100 year old hard wood in my property with a floating look a like.

In this case, the hills sound safe and reassuring if you catch my drift. 

Just refi on a small apartment term was 3 year fixed at 3.3 then it floats with a 10 year ballon. 

Legally there is no difference between a private money lender, “true” private money lender, hard money lender, asset-based lender, correspondent lender, bridge lender, warehouse lender, white paper lender, or any of the myriad terms you’ll see floating around.

I have been floating it as a wholesale offering owner financing or lease option while waiting for the 3 month from date of deed recording; to get started rehabbing.

In early 2021 we were forced to start looking after our condo neighbors started smoking pot and the smell drifting into out condo.

In remodels we do a floating installation, but in new builds we have the builder do a glue down installation.