I'm assuming you're talking about a floating floor. 

Float the mortgage and if the lender calls, pay.

Hard to say about your contract since I haven't reviewed it personally, however as a general rule I write my short sale contract dates as floating dates so they do not expire - for example, instead of close date written as say "2/15/2022", I have it written up as "within 30 days of short sale approval".

With the amount of money floating around now, it would be hard to toss a rock into any of these and not hit a legitimate lender with whom you can have a real conversation.

Do you have any particular questions you'd like to float out there?

PGIM Real Estate’s client hopes to increase the credit facility by $100 million over the next three to five years to pay for property acquisitions.Fixed or Floating?

@Ron Singh - commercial loans have many variables, interest rates only being one of them.Layout your strategy for the property first (hold period, rehab amount, etc) to pick the best option.Many commercial loans will have a floating rate or will require a defeasance or exit fee.Many lenders will also require a Key Principal(s) whose collective net worth is close to the amount of the loan and have 5-10% liquidity.Price out the loan from acquisition, construction draws, to sale, with all the fees and reserves included while doing your shopping.

@Drew SygitWhen I start accounting management fees,vacancies ,repairs etc it just seems like I will end up negative cashflowing.Also the HVAC units have gotten old and I probably may have to replace them.The reason for my confusion is I have a low interest rate at 2.5 and what I am currently paying as PITI on this multifamily , I will end up paying on a mediocre rental in CA if I relocate and the rental income here has been giving me a perfect balance so even if I end up with a mediocre job here I should be okay but another part of me says that given we have a strong sellers market and rumours floating about an upcoming recession why not sell the home enjoy partial tax free gains while continuing with the current job and invest taxable gains in syndications.

With the increase in interest, rates investors are not willing to float negative cash-flowing assets.

From what I get the intent needs to be to use it as a second home and I always here 14 days floated.