Advice on Borrower Refinancing

[David Weintraub]

Already hit up @Chris Mason on this, but trying to figure some potential solutions.

Have a borrower whose portfolio is around $35MM.  He's trying to refinance properties into lower, long term rates of around 5-6%.  He shows losses of over $100,000 per year personally, so he isn't going to qualify for conventional mortgages.  

He's telling me that he believes he can get the lower rates, but if he could, then he would have.  

I'm thinking he is tapped out with all his local banks, to some extent.

Any thoughts here?  

I'd be willing to pass him off to a lender if it makes sense for him, but I'd have to clear everything first.  No un-met promises because he's a take-no-crap type.