you will have a difficult time finding a lender that is willing to finance the differential and fall in 2nd lien position. it's not to say it's impossible, but you would more than likely be looking at private money or possibly hard money for this. most financial institutions are not going to be ok with falling in 2nd lien position, especially with the current lien being in someone else's name (see above comment about risk of foreclosure due to seller not making his payments as agreed). 

Does anyone have a recommendation for a financial institution that would work with an investor in refinancing a property as used in the BRRRR method?

Hello all, I am curious for some input for the best banks and or credit unions near Madison Wisconsin as i am working to scale my business, any advice would be appreciated. Thanks in advance.

There is a difference between private accredited investor money and institutional capital  partners on a deal.So there are general books on syndicating as a sponsor and then there are partnership books written by various syndicators based on the asset class itself.Get laser focused is what I am trying to say.

Would CCIM Institute be  the only location to find those courses

Especially if the property in its current state needs to be stabilized (rehabbed, re-rented, new policies and procedures instituted, etc). 

You'll never start that negotiation....institutional lenders will not/can not sell you that note, period.  

It is not required BUT that being said if you are going the institutional route for the higher LTV they underwrite their files.

Alternatively Urban Land Institute (ULI) has a lot of great reading resources to learn the development process-Bringing utilities onto a property.

Both are hard working, blue collar towns that have a few bad neighborhoods, a whole swath of neighborhoods with potential, and a few middle-to-higher end neighborhoods around downtown and anchor institutions.