They also offer the float down lock which will drop my rate another eighth percent should rates drop a quarter which they did last week.

Most of my wholesalers are floating stuff not worth my time.

Found a towable tube that floated up to my dock.

Hi All,My partner and I plan on doing business in the Philadelphia area but want to float an LLC either in Nevada or Wyoming.

We are buying a $16M 10% cap rate assisted facility with 100% debt and the only outstanding piece is a guarantor for the 2nd position mezzanine financing.Here is our capital stack:80% 1st position non recourse debt - 4.5% floating over LIBOR interest20% 2nd position recourse debt - 13% interestPlus $2M in 1031 investor funds as working capital.Considering the deal has 100% debt service, however there is enough working capital on the side lines to sufficiently cover debt service in case of poor cash flow until the refinance event, what is the cost range for having an investor come in as the guarantor on the 2nd lien?

I couldn't keep it a float.  

I like the detail on the stairs and the floating vanity in the bathroom.

I know this may be subjective and based on one's comfort level, and am curious what you other investors feel.I'm looking at buying 2 more rental properties(would become 3 rentals + 1 for my own home, for a total of 4 mortgages) and after running the numbers, if all 3 properties go vacant and I have to float the mortgages myself; it will be tight.But at the same time, I understand that commercial investors have no WAY of floating the mortgage should something go awry.What is your thought process for your own comfort level or risk?

I'll share what my wife and I did recently as a banner that I'd recommend to anyone! 

The only people that can wholesale in the 1m range have been doing it for many, many years and have the cash to float the timeframe when it goes long.