Deal Structure-Land Development w/Current income rentals

[Shannon DuPree]

Greetings,

I have a 65 acre property. divided into 4 parcels. (3)10acre each with a current income producing rental on them.(double wide trailors)

(1) 35 acre parcel with a main house 4500 sq ft 4bd/3½bth with a detached 3 car garage apartment.

Located within Lake county Florida (central Florida) minutes away from the turnpike and major state and county roads making commute into Oralndo Fl 15 to 20 min. Shopping and amenities mins away. Beautiful pristine natural Florida springs (Rock springs, seminole springs and more). The land is undeveloped and currently zoned Ag, with ability for rezoning.

Property line is adjacent to a million dollar + SFH residential community, with residential development(s) in the mid 400k to 600k within surrounding areas.

There's 2 problems seller needs sloved.(700k total)

1. Pay off existing mortgage to avoid legal action from Ex.

2. Monies to aide In relocation and starting anew.

I have 2 exist strategies I believe will serve best to solve these problems and make for a very good ROI

One of those strategies is "SUBORDINATION" via seller financing where the seller is willing to take back a note in the 2nd position with a down payment allowing for immediate solution to their immediate problem. Private funding in the 1st position at an agreed rate allowing to purchase the property(agreed down payment to the seller) and improve the property, supplying the demand within the central Florida market for SFH land development. We will make the land ready for development allowing recognization of its true value and potential. This is real opportunity in the land and its amazing location.

I am looking for:

Insightful knowledge about "SUBORDINATION" deal structure.(Because there's those of you who know alot more than I. wisdom and insight is always welcome in my world).

and

Interested private investors and/or a LP.

Message me for more detailed info if interested in the deal.

Thank you much for your comments and help.

May "we all" be well and victorious in our life endeavors!