Commercial lenders typically extend terms up to 20 years not 30years.  

Alright, now it's going to get a little messy, I'll do my best.A homeowner on the street adjacent to ours is splitting his land and going to sell an acre off the back, but in order to do that he had to extend our road and build a cul-de-sac so there is enough road frontage to split the land.  

If nothing else, they might be willing to extend your current terms (if that's an issue) until you get the refi figured out.

Of course I will need to redact my subject properties (both are off market properties) as well as identifying info (This offer is only extended to the OP because I only have so much time that I cannot do this on a regular basis - contact a realtor if you want this done for you and you are not the OP).   

(which i never thought would happen :) ).I am planning to extend my search to SFR as well.  

Essentially he is over extended and has everything with the property on auto pilot with the property.

But you never know, you might find a great deal, and even if you broke even you would learn alot and be that much more confident on deal #2 to extend yourself a little further.

If you do not have the funds to close the deal and the buyer backs out then you will either have to come up with the funds, terminate or talk the seller into extending the contract to find another buyer.

I top unit just extended their lease for 6 months, the bottom unit needs a new lease and is currently month to month.  

Lastly, The lender also is not willing to extend the terms of the hard money loan.