MF Financing Question

[Matt Nettles]

May be a dumb question(s) but I am still trying to learn the financing aspect of syndication.

I am understanding of recourse v non recourse but what are the best case scenarios to target when financing a deal in?

Obviously non recourse is the way to go, and the lowest interest rate possible but I think I’ve heard multiple times that the first few years is INT only payments and I’m not understanding what makes that a good thing?

Hope that made sense