The only chance someone has of getting 100% financing is if they can cross collateralize against other assets OR an unsuspecting seller financed deal.

I think the only legal way a seller could get that assurance would be to close the loan in 2nd position, and after everything was recorded you sign a new promissory guarantee or other collateral in case of default. 

In fact, lenders won't want a bunch of properties titled to the same LLC as the collateral they lend on.

If I Hypothicate and get a loan for $35k, I use the note as collateral and pay the loan like any other loan. 

Or what i did do was find a private lender, offer them 9% return with an assignment of collateral on this property.

I have excellent credit, $100k in savings, the lot value to use as collateral and about $500k equity in my primary residence. 

A lender would have to be a fool to lend on collateral that wasn't protected - if the house is lost in a fire or whatever, the loan is unsecured at that point and is basically credit card debt. 

It is essentially a promissory note/personal loan using the note as collateral. 

Then I plan on going back to my portfolio lender with 2 town homes and a duplex free and clear to pledge as collateral for around $600,000 in financing so I can go buy some more real estate.If you know what you are doing, this can be a very cheap and convenient source of short term capital.

I'm searching for references for a land note collateral review.