Also HELOC are floating so as rates change so do your numbers.

Do you have the funds to float these situations?

It is snap together (tongue and groove) floating (no type glue required) tiles which has worked well for me.I put the LVT in the entire unit, except the bedrooms.

@Joel Owens  my ship comes in ( or my big land plays go ka ching) I am buying a condo on the World ( cruise ship) and will live in that .. talk about floating base :)  this is always a spirited thread...

HELOC use a floating rate, and are normally considered short term debt.

mortgagenews daily.............BUTeverything depends on 10year note anyway.... and 10 year note depends on bond market (TLT)So when I do lock rate, I floating the rate and LOCK it when TLT is reaching new high, works like a champ.

You also have the opportunity to smart lock portions of the loan at a fixed rate up to 3 times if prime starts to float up.

Some custodians will invest your cash into a variety of CDs at numerous banks so they can increase the float that they make on the money.

If you can find a 20 unit building in any non-war zone market that has a feasible management/stabilization plan and floats between a 13-15 cap go for it fast. lol.

Expense estimates:  Establish rule of thumb based on size of your house for floating utilities and other costs paid monthly6.