Most rehab contractors can't float a job more than 10 minutes so you need to pay some in advance to get them working and keep them working.

The City inturn floated those monies.

However, if you have a number of properties, you should consider at least opening a sweep account and floating the money for a short period.

Most of the Sheetrock has been hung, and the contractor is starting to prepare for tape, float, and texture.

I Have been floating ideas for several years to guys that have experience with how to use my equity to do deals.   

Especially on a second floor where you're installing over plywood, you need a really great (read expensive) underlayment....I prefer engineered wood since it is way more forgiving (can be floated or shimmed) and looks way better.

Purchase price: $13,000,000 Sale price: $18,200,000DISTRICT FLATS112 UNITSMesa, AZ​​ ACTUAL PROJECT LEVEL RETURNSDisposition Date : May 2021Sale Price : $18.2M, $162.5k/UnitEquity Multiple : 1.95xInternal Rate of Return : 83.7%Average Annual Return : 84.9%Hold Period : 13.5 MonthsAcquisition Date : March 2020Purchase Price : $13MDown Payment and Renovation Costs : $5.15MLoan : 10-Yr Floating Interest Rate, Non-Recourse Agency LoanDeal Structure : 506(B) Syndication Unit Mix : 33 Studio | 78 1BR/1BA | 1 2BR/1BAProjected Hold : 2-5 YearsWhat made you interested in investing in this type of deal?

Some will make 30 year loans that begin to float after the first 5 years and have annual and life time caps on the rate.

Why not buy a big barge and build it up into a floating Hotel for travelers to make some Daily Cash Flow.

Many insurance companies make underwriting losses and make up for that by investing the float.