I've had no issues, other than them playing the float for a week.

If you know things are coming due in the near term, you might want to float the money to the business now and pay yourself back with the Cap Ex expenses over the course of the years.  

Vinyl plank is nice but can get expensive for the floating kind.

. $64,800.I become a 5 % owner.Get a partner with $50,000 to cover product. ( they can float that out on their credit over 6 months).He becomes a 10 % owner with no pay back.Since the property will not appraise for a loan. 

If the capex funds are needed immediately, I could always float the downpayment on the job with a credit card.If you are doing something other than letting it sit in a savings account, what are you doing with the funds?

While its nice to move money in and out of the hloc, if it costs too much its not worth it.Probably best still to do a refi and lock in your rate as opposed to a floating rate hloc (as most of them are I believe). 

If you’re fine floating that, you’re good.

Usually, when the term is up, you can either renew or it will float at the variable rate.

I'd like to know a couple of more things about this land.How can i find out if I can :1) Build a building (how high) on the land if i wanted to in the future2) Put up Banner signsor find out any restrictions on the land.

Mine a commercial loan for a 5 unit, which is what you can expect (you mentioned 5 units in your post) and why is why it's fixed to start and then floats with prime.