I have heard about doing deals with little to no cash down but I'm skeptical about whether creative financing options are truly viable.

People were so quick to say he was way off base.   

So it really just comes down to figuring out what solution works for a given market, but it's yet another great thing about real estate: having options!

Then ask them what your options are to reduce payments in the future.

It comes down to how each county handles property tax valuation.To put it in generic terms - a title company & lender will base your initial mortgage payment on the property taxes of the previous owner.  

This second defeat at the ballot seemingly left WIP with few options, and it was looking like they way overpaid for this land that in it's current legal state could only be used as a golf course or park. 

Would a home equity loan be a viable option in this situation, especially in regards to eliminating some of the red tape I'm running into with a refinancing an scorp-owned property?

For someone active on BP and based in Dallas, TX, I'd recommend @Joshua Thompson.

ASSET BASED LENDINGNote: Hard money is defined as average loan size under $2M, average loan hold duration under 2 years, and not a bank. 

Thank you Noah,I am exploring AZ, TX, OH, FL may have some opportunities based on the hurricanes that have hit recently.