Unsecured loan in response to FHA limits (NYC house hack)

[Isaac Wall]

Hey all, I'm looking to house hack in NYC by buying a 3 or 4 family through an FHA loan. The problem is the FHA loan limits (~$1.2M and $1.5M respectively for a 3 and 4 family) and my available cash put these properties out of my price range (prices range from $1.3 - $1.8 in the areas I am looking at). If I wanted to buy in my desired areas I'd need a bigger deposit on top of the FHA loan limit, in which case I'd just go down the conventional loan path. I don't want to tie up all my cash here so I'm not interested in doing that. I'd rather get more leverage.

Are there any lenders out there that would lend $100-$200k via an unsecured loan (i.e. no lien on the property, because a second lien is not allowed with FHA) on top of the FHA loan limit so that I can purchase in these areas? I have a strong W2 income (enough to service a lot more than I am looking to purchase for) and good credit.