I'd heard the term "sinkhole" floating around here and there before. 

Some lenders have "float downs," but typically these are lenders with high "starting" rates to begin with, they're just cutting into excess profit they normally collect, it's not actually a float down even though it appears that your pricing gets better.So if you're getting a good rate, expect not to be able to float it down.

Fill the tank with sand or kitty litter to make sure the tank doesn’t ‘float’, cut the pipes, and call it done.

You cannot legally discriminate against people with small children but you can choose not to rent to them if you catch my drift.

I would like to always keep myself as up to date with the market as possible in terms of the national market, individual state market, city/area markets if you catch my drift here. 

Overall, it worked out pretty well, but need to be sure your contractor knows that they have to float the funds until the first draw.

I would be purchasing this basically at the end of the peak so I’m nervous about the purchase putting me in a rough spot financially if I can’t float the expenses during the off season.

@Mike Chern that sounds very high to me especially when they are floating rate prime + 0.5%

In order to get off market properties, you need to get a solid website, work on SEO and credibility and nurture it to the top ranking on google.Once you do that everything will automatically fall in place.I skipped a few details here and there but you catch the drift.

The money I got him was float money during the process.