I have a client with a commercial property worth $850K.
1st mortgage is 300K.
2nd lien is SBA but no amount; lien position only secures in case of default.
3rd lien----------> You, if you're crazy enough to do these types of deals!

I have no idea what type of financing fits this type of scenario or who takes that risk (if anyone!). However, I wouldn't put it past the industry that there be such a lender that does this on a regular or occasional basis.

Even if you are a broker who is familiar with this type of scenario and can get it done, please PM me asap or email me: solidmerchantsolutions@yahoo.com