Sadly, they will negatively view a credit card with a 90% balance, which I chose so I could float recent BRRRR materials 0% for 18 months.

So I focus on the bad, and see if I could live with it or not.Also, some of the sponsors are using floating rate debt.

This MIGHT be a time to try a 0% intro credit card to float some of the reno and be sure to pay it off before the intro rate expires. 

Having cash on hand to float you during a rough patch is the difference between a problem and a crisis.John

And in order to make those projected returns pencil-out they used very aggressive/nonconservative underwriting including very high leverage (above 65%), floating rate loans (higher projected return but increased the risk of catastrophic default if interest rates rose), financially engineered capital stacks (which increase the risk of a problem for the normal equity investors in ways that are similar to taking on more debt), very high sponsor split compsensation that financially incentivize them to push the risk-envolope etc.On the other hand, all the conservatively underwritten multi-family deals (low leverage, fixed rate loans, simple capital stacks, average sponsor split compensation) are almost universally fine.Another area having problems is in the riskiest strategies like ground-up construction (opportunistic)...because everything is more expensive than projected.

My first recommendation is to tear out the tile, but If you absolutely want to keep it I recommend going with a floating floor, either laminate or even click lock hardwood.

Get my drift!  

I had a meeting for one of my kids clubs at our house back in May for a parade float, the other parents followed us home to see the float.

I have a commercial loan less than $1 million, 75% LTV, 25 year term, 7 years fixed, floating for the following 18 years, 25 year amortization.  

I change locks after every tenant anyways so extra keys floating around are not a real concern for me.