If your other property has equity in it, have you tried doing a regular refi loan with the other property as collateral for equity of the first property? 

In reality it’s not that they want you to pay for insurance over a period of time where nothing happened - they are asking you to repay them for fees they incurred to safeguard the collateral that is the asset to their loan.

They usually (at least used to) look for 10-10-10 on properties with a house on it as the collateral. 10-10-10 = max loan of 10 years, minimum interest of 10%, minimum borrower deposit of 10%.

I like to really know the collateral.

Much appreciated  It is possible if you cross collateralize with other investment properties. 

Basically, it's a conventional loan with a lender, but they use the policy as collateral.

Showing you have reserves is a great thing, doesn't mean a lender can rely on them being there as things go south.Now, if you were to pledge funds on account as additional collateral that could change the picture.If you have funds, simply show that, they don't have to be in the LLC account as there is the personal guarantee.

They have grown rapidly lately so I have noticed some slight customer service collateral damage as they expand but I will say this, they have NEVER messed up my bookings, my calendar and my payments to my account.  

His collateral is the goods bought for the unit and the lease itself (which the lender COULD take if he defaults.

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