There's a lot of collateral damage in any recession.

Land may collateralize at 50% LTV of the land.Standard windows and doors don't fit due to the corrugated metal walls add more for labor.Living in a metal box may sound cool, but it isn't!

I'm looking to buy a infill lot ~$120K cash and use that as collateral to build a 3/3 SFH with a 1/1 ADU. 

Do you have any assets now that you can collateralize.

Would banks use a manufactured home for additional collateral for a down payment if i can put 5% down?  

Nicole Hoss  financing for rental houses has really loosened up and come back in the last 20 months or so.. as long as you have a 720 fico and 20 to 30% to put down.. and 6 months to 12 months of reserves your in good shape.. and frankly if you don't have any of the above rental houses are probably not a wise thing to go into as you would be under collateralized and not able to weather a bad tenant situation. 

The bank has agreed to place a second mortgage on it, allowing me to use it as collateral for other flipping projects without needing any down payment.

Most work like this: Rates: 9% to 13% (Most Deals are 11-12%)Terms: up to 36 Months (Most Deals are 6-12 months)Fees: 2-4 points(%) of loan amount paid at closing (Most Deals are 3 points(%))Minimum Loan Amount: $50,000 (For loans less than $250,000 we charge $2,500 minimum)Max Loan: 65%-70% of After Repair Value(ARV) 100% Rehab Financing Available (Require 20% of purchase price down payment or cross-collateral)Closing Timeframe: 48 Hours - 3 Weeks (Most Deals are 2 WeeksWe have private lending partners throughout the entire United States that cover the following states: AL, AZ, AR, CA, CO, CT, DE, FL, GA, HI, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, OH, OK, OR, PA, RI, TN, TX, UT, VA, WA, WV, WI, WY.

Typically our lending partners programs are as follows:Rates: 10% to 14% (Most Deals are 12%)Terms: 1 Day - 24 Months (Most Deals are 6 months)Fees: 2-5 points(%) of loan amount paid at closing (Most Deals are 3 points(%))Minimum Loan Amount: $50,000 (For loans less than $200,000 we charge $2,500 minimum)Max Loan: 70% of After Repair Value(ARV) 100% Rehab Financing Available (Require 20% of purchase price down payment or cross-collateral)Closing Timeframe: 48 Hours - 3 Weeks (Most Deals are 10 business days)We have private lending partners throughout the entire United States that cover the following states: AL, AZ, AR, CA, CO, CT, DE, FL, GA, HI, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, OH, OK, OR, PA, RI, TN, TX, UT, VT, VA, WA, WV, WI, WY.

Supposedly, these controls were fixed/addressed.On one of my deals, it is NOT clear that the collateral alone would be enough to make the investors whole ie it is very possible that the property is under-water especially given that there are substantial mechanics liens attached to the property.