also remember it doesn't necessarily "go up" - it switches to floating, which could be up or down, although most lenders set a floor at the initial interest rate

Even with 100% LTC financing, you may still need to float a construction draw.Generally speaking, even the most aggressive lenders want to see that you have some skin in the game.Best,Michael

We would like to claim a depreciation on it, but it seems that there is no information regarding the division between the cost of the land and the cost of the apartment (because, well, it's a single apartment floating in the air).

I floated a lot of the rehab with my credit cards and have unfortunately taken a huge hit to my credit score for utilization.

That said, these days you will be hard pressed to find a deal that can achieve 75% let alone 80% leverage3) Depends on a lot of factors, mostly based on the loan type, not the property:  Fixed vs Floating, Yield Maintenance vs Stepdown, Length of Term, I/O period4) I hate acquisition fees, both as an investor and as a syndicator. 

Hi there,I purchased a floating TV stand from Wayfair and hired the Wayfair partner handy.com to install it.

Quote from @Luka Jozic: If it's not too much trouble and it floats your boat, why not?

Have had a lower rate floated refused and then another Sec. 8 comes along from a different office and they pay asking. 

The load turned into a regular commercial mortgage after completed (because it was 5+ units).  5% interest at the time, fixed for 5 years and then floating with prime, 20 year term. 

All that insurance money floating around.