How can I use real estate as collateral?

[Chris Coon]

Hi, I am just getting started in real estate investing and looking for advice on how to fund deals creatively. I would like to know what it would take for a private lender or hard money lender to fund a deal while using the property itself as collateral for the loan. Is this possible? 

If so, what is the correct way to approach a lender? What kind of terms and conditions for the loan should I expect? What unforeseen risks could I run into?

Thanks in advance for the advice!