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Cream of Coconut: Cream of Coconut works well as a sweetened condensed milk alternative, and can offer a wonderful tropical flavor to your desserts. Substitute it for sweetened condensed milk using a 1:1 ratio. Do not confuse this with Coconut Cream, Cream of Coconut is much sweeter, and sold in separate cans. Look for brands such as Coco Lopez, Roland, Coco Real, or Goya.
1 Correction: You do not need eggs for most cakes. 2  I have baked many cakes and never once have used eggs or even an egg substitute. 3  They still came out moist and solid, and my friends and family couldn't tell the difference. 4  Condensed milk is a good substitute for eggs.