I usually try to get opinions from two attorneys for State foreclosure laws and two realtors for CMA’s to ensure the investment has a reliable collateral on it to cover the investment with good returns.

Of course, the terms of a non-recourse loan are different because the only collateral is the property (i.e. shorter term, higher interest rate, lower LTV ratio, etc.).2.

This is definitely hard to find because most banks don't accept non owner occupied collateral. 

My other option with this property was to use it as collateral and get a line of credit on the home, then try to get a mortgage loan and use the line of credit as a down payment and afterwards refinance.

Even duplexes vs townhouses losing big time.NOI on SFH is much better than a single unit in 6-8-10 units buildings: less expenses (including CapEx with notorious roofs), easier to finance, easier to sell, and ROI is always better than caps on Multies.The only advantage I see of the multifamily that you finance it with using collateral at most but SFH with your credit and DTI ratio.

Debt on collateralized assets - good, debt on liabilities - not so much (not to say I don't have debt on liabilities, but working to get rid of those!).  

All real properties being financed are held as collateral by the creditor.

The word "Hard" refers to a collateralized asset, in the case of real estate, the property serves as the collateral.Private Money is lent from people who are generally not professional lenders. 

Most banks require at lease 10-15% down in cash from the buyer unless this buyer has a bunch of collateral.   

Would these drag down my ability to borrow in this particular situation or no bc I have collateral im trying to borrow against?