Subto with 2nd position lender ??

[Vanessa Switzler]

Hi All! I am working on a subto deal where we would take over the first mortgage on a ST rental property but would need a lender to finance the equity on the house.  Is this possible? I spoke with my lender who obviously declined and from what I understand banks in general will never be amenable to being second position mortgage. Do I have any other options or is this a dead end? Thank you in advance!