For a complex financial transaction like this it is best you meet face to face with a mortgage professional as there are many pieces of information that will be needed which you may not want to share in Trulia community setting like this.
My contact information is given below if you like to discuss.
Sanjeev Ahuja, NMLS #148731
Home Funding LLC
110 Jericho Turnpike Ste 214
Floral Park, NY 11001
Direct Phone 917-517-2552
NYS Registered Mortgage Broker, Dept of Financial Services, Loans arranged through third parties (NMLS # 885573)