Financing the Down Payment

[William Kyle Walker]

Im trying to find information on how the lending and private money world works. Let my give you a scenario.
I have 5M in liquid assets, and over the next 3 years I want to purchase 10 run down apartment complexes. They each cost 10M to buy and renovate and will be worth 15M after stabilization in 3 years. In order to buy all ten I will need to finance them at 95%. Commercial loan for 70% covers 7M I can put in .5M now I need 2.5M. The 2.5M is where I am stuck. I know I could bring on equity partners for 90% of the profits. I want to know, is there any private money lenders that will put up the 2.5M for a 10%-15% interest only for 5 years 30Y amort ? Would Mezz be a more realistic option? Would private money be willing to take a second position?
What are some other angles that I could use to try to get the 2.5M covered? Any real world knowledge would be appreciated and I know mortgage brokers, private equity and loan professionals could help here.
Thanks
William