That is tight leverage for an investment 2nd position loan.A private investor might be willing to do it, it's not going to be cheap at all & will be short-term money & will not be a line of credit to take out at your liking.What is your rate on the 1st?

NMLS does not regulate private lenders.

If you don't have the extra cash, can you get creative with a private lender or partner stacked on bank debt? 

I am interested in utilizing space again for group meetings, workshops, and for clients who may still desire private space.  

. ;-) The following is just general informationIt sounds as though the seller has an investment to sell, not his private home.

If you are a DST investor with Crew Enterprises formerly known as Versity, and before that NB Private Capital, and have had your monthly distributions suspended I'd like to hear from you.

Quote from @Burke Atkerson: With over a decade of real estate investing experience and over 100 flips, I now provide private money & hard money loans.

Private Money vs Hard Money:Primate money is negotiable.

Also, a few private lenders or hard money lenders might have some more creative terms for multifamily, especially if you're open to considering that route.

Private Lender Partnership: Partner with a private lender or investor willing to take a second lien position to get you to 85-90% cash out.