@Joe DaigleSeeing a lot of overpriced assets with a lot of collateral issues.

If you can qualify for it, get a HELOC or HELOAN on those properties.Or find a creative private/hard money lender that can tap into that equity in 2nd lien position or to cross-collateralize them with the purchase of the new property and use that equity towards your cash to close so you can buy that next deal without much cash out of pocket. 

Instead, if I have 12-month CDs yielding 4.5% and I receive from a financial institution a personal loan collateralized by the CDs, with 4.5%+2% APR, and I invest in a low risk asset yielding 8%, I am receiving 6% annualized yield instead of 4.5%. 

It was inmy LLC name but I personally guaranteed it foolishly using my house as collateral.

This will help you to determine the amount of loan you need and then the amount of collateral you have to have. 

I was so skeptical about paying upfront fee's and should of known that a non collateral loan with a 4.2% on 115k was too good to be true.

Don't ever put your other personal asset as collateral for any Kinda of loan.

You want to be able to cross collateralize your loans. 

It would look like a single collateralized loan to the property, where each investor gets a prorated return (and right to the collateral) and still receives a 1099 as a lender.I know I’ll need to work with a lawyer to set up, but I’d appreciate any help to point me in the right direction.

We look for primary and secondary exit strategies for the borrower before the tertiary exit strategy of liquidating the collateral.