I have a client with two buildings in Brooklyn NY which he would like to refinance. They are owned free and clear and the owner is looking for 30-60% LTV. He is mainly concerned with rate and term. He would like a 10 year interest only loan and a bank competitive rate. This can be a Full Doc loan with A+ credit. The key is going to be the 10 year Interest Only!!!
If anyone can do this, please let me know.
Paul Murray