Hi, I am located in Massachusetts and  looking for information on finding a lender that will do either second position loans on investment properties in order to help with down payment or cross collateral lending to finance another multifamily property. 

A cheap parcel can be a good usable collateral to borrow against.

For adding the $9,000,000 (which helps her get out of some debt coming due) I will receive 80% of the equity in the property which I will use as collateral for the mezzanine financing.

He's the first person I stumbled upon who mentioned anything about simply taking over payments and stretching out the time (for the refi).Additionally, seller financing isn't just a good strategy for retirement, it's a great strategy IMHO for buying/selling--period.Furthermore, unless one puts his/her equity to work--via a combination of cross-collateral, a bank loan, and/or seller financing--that equity is simply collecting dust.

Or depending on the amount, a personal loan with the property as collateral.

If all you have is a note, you can sue for breach of contract and recover damages, but its the mortgage that collateralizes the property. 

It’s not really about a threshold it’s more about the borrowers financial strength, down payment, the collateral you can offer, and the type of property.

These would be blanket loans, commercial basis, there are a few problems, one being a banks lending area taking collateral over about 30 miles or outside thier lending area.

Most work like this:Rates: 10% to 14% (Most Deals are 12%)Terms: 1 Day - 24 Months (Most Deals are 6 months)Fees: 2-5 points(%) of loan amount paid at closing (Most Deals are 3 points(%))Minimum Loan Amount: $50,000 Max Loan: 65-70% of After Repair Value(ARV) 100% Rehab Financing Available (Most Deals require 20% of purchase price down payment or cross-collateral)Closing Timeframe: 48 Hours - 3 Weeks (Most Deals are 10 business days)NO PRIMARY RESIDENCES, NON-OWNER OCCUPIED ONLY, BUSINESS AND COMMERCIAL USE ONLY.

You could also borrow against the note using a collateral assignment of note and mortgage which is tax free and in an upmarket it's easy to do because it's usually covered by more equity.