A lot (not all mind you.. but a lot) of the theories floating around in the REI world are completely bogus.I will give you an example."

@Mark Cerminaro I do not have any concerns with the contractor's ability to float the costs until we sell the house.

We would have the option of doing either a fixed rate for 5 years (approx 4.25%) that then resets or a floating rates based on prime.  

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I avoid this by not working with contractors that require draws :)  For projects as small as a house rehab, unless you're talking 6 figures, a contractor that can't float his materials and crews during the project is either brand new, has shoddy credit, or has to rob Peter to pay Paul.

Recently we have been floating the idea of purchasing a multi family home as a sole investment and using the VA loan on a foreclosure as our primary residence, as we would like to plant some semi-permanent roots in the area for my wife's occupation.

They would float a price, the listing would be put on MLS with a dollar amount and then changed to Auction, and if you wanted to pay that price it wouldn't go live on the auction.

Even if you can't actually make a visit, just floating the possibility of making the trip can tell you a lot about how the company views service.

Floating floors that pop with you walk.  

No telling how much lead and asbestos is floating around in the air!