Possibly a secured promissory note with the house as collateral?

Possibly a secured promissory note with the house as collateral?

@Amanda Swetman If your friend doesn't want to do any work and wants their money back quickly, you can offer them to provide you with a short term fixed loan backed up by a property = aka collateral.

Nobody is gonna work for free without collateral 

One loaned $3K with the title of their vehicle to be held as a collateral.

SECURITY: Security Deposit or Landlord Tenant Agreement is acceptable as collateral.

If the collateral is commercial, it's a commercial mortgage.

Essentially using the project itself as collateral.  

You have to tell them because it affects their collateral Title should reveal the property is landlocked with no easements and that should start the questioning  If you want to continue to build a relationship with this bank you tell them now before they find out you’ve been keeping this bit of information to yourself You might be surprised When I worked at a bank we used to help people try to solve stuff like this all the time 

Are these people literally pulling out their IRA's at a penalty to fund a deal, or is there something in the funding and it's just used as collateral/safety net?