All is good until you get your full collateral file and see the debt was actually already accelerated and the statue has ran.

If you explore the hard money/private money space you could do a cross collateral loan if you own other properties and have some experience. 

Have you considered HELOC's on those properties to fund the next deal or using them to help collateralize a commercial LOC. 

Think of it like collateral for a loan.

Looking for a contract template that ensures I get my money back at the end of the loan term, and if not then I take the collateral (the property I lent against). 

I have a four unit rental property that I am considering using as collateral  for a loan to do my first BRRR. 

Hi Ryan, Talk to your lenders and see if they will allow for cross collateralization of the new loan. 

You mentioned that the property cashlow is continous,if so then you should have no difficulty using the property as collateral.

If you ever wanted to pull some money out by using these types of properties as collateral, regardless of how much money you put into them and can prove that you did, you will have some challenges.

You personally did not guarantee the loan and your 401k assets are not used as a collateral for the loan, those would be violations.