Does This Animal Exist?

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Have a friend who is in negative cash flow trouble and is looking for a blanket portfolio commercial interest only refi for 20-25 properties, mostly sf homes with a few doubles and 4 units, around 80% LTV amortized over 20-30 years. Fico of 725.

Most of the properties are rented, does this animal exist?

[ Edited by telemon on Date 01/18/2007 ]

[ Edited by telemon on Date 01/18/2007 ]

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