Alternatively, you can offer the seller a $50k mortgage secured by your land subject to the $150k existing mortgage on the property you’re purchasing.  

Does anyone know of any institutions or people that would lend cash similarly to a line of credit or some alternate option that would help us with buying homes to move into our properties?

Like any platform they have advantages and disadvantages.Advantages:1) transparency: they publish the full results of their loan book, making them only the third side in the industry to do this. 2) underwriting: they have a 1.8% uncured default rate, which is good and is much lower than some of the other competing platforms and hard money loan alternatives (although not all).

Looking for an alternative.

Hi,I need some guidence.Insurance premiums are beyond ridiculous here in FL.What alternatives are there besides full coverage on a rental with no mortgage/note?

However, there are alternative financing options you can explore for your Short-Term Vacation Rental (STVR) properties:Cash-Out Refinance: This allows you to refinance your existing mortgage and take out some of the equity as cash.

So I don't know what you alternatively expect them to do, I assure every shareholder expects and demands this of them and if you were a shareholder I bet you would to. 

This situation has unexpectedly complicated matters, and I am unsure of the best course of action moving forward.One suggestion I've received is to secure construction financing from an alternative source and forego the construction funds from the hard money lender.

.→ many fund managers will help you self-certify (I'm happy to help)I have more information on my website here:https://www.oakandvinecapital.com/accreditedBecoming accredited unlocks more opportunities, and you can learn about new opportunities without having a relationship with a sponsor or fund manager (506c offerings)If you are sophisticated, you can also take advantage of investing in alternative assets, you just need to have a pre-existing relationship with a sponsor or fund manager.Happy to help more!

Alternative would be to wait a little bit, or purchase under a LLC with a DSCR financing