Maybe there is a line of credit where the parcel is held as collateral with a lien on the property.

If your property is in a LLC, you can work with Freedom National Bank for a commercial LOC using that as collateral.

Anyone can do REI, just has to be at the right collateral, sweat equity and risk level.Can you provide the following info, so this discussion can be more useful. 

For example, you could have a collateral mortgage already set up as part of your first position mortgage making is easier to get lending from the same lender (or harder to get a 2nd mortgage from a different lender). 

It is very hard giving multiplebanks, your tax returns, loan to value schedules for all properties,moving cash between banks automatically, etc.2.Lendersize- Collaterallization.If you end up with multiple banks, you may be over collateralized forone bank, and need more collateral for another.

You'll have to research each piece of cross-collateral for the loan with inspections to make sense of this for an investor.  

@Phil Morgan A nonrecourse debt is a type of loan secured by collateral, which is usually property.

Using high cash levels to purchase or cd invest and use as collateral to get lower interest rates.     

Usually the LTV in the land doesn't justify the risk for a hard money lender unless you have other assets to put down as a collateral.

A garage is attached to the land, not personal property.It would be part of the collateral for the loan , how do you intend to do this?