Large-ish Double Close on a Portfolio... Am I f*%& this up lol?

[Erik Hempel]

I have no idea if I am posting to the correct forum or not, but I had a wholesaler bring a portfolio of properties to me the other day that caught my interest. I am interested in some parts of the portfolio, but don't want the entire collection. I do have partners/buyers who will buy the other properties. 

The wholesaler who has the portfolio has all of the properties tied to one contract, and due to some prior legal disputes, this contract is actually 3 years old and just received a judicial order allowing the buyer to proceed to closing. Given that these properties are tied to prices from 3 years ago, we don't want to risk losing the deal by splitting up each property into a separate contract. Basically, 24 different properties spread across 3 Florida counties will need to close all at once during one closing.

My thought is to do a quasi-double close/bridge loan where I bring in a partner to fund the deal (about $5 million), and then have separate closings as quickly as possible after the fact in which we sell the other properties we don't want. 

I've never tackled a deal quite like this before, and wanted an outside opinion to see if I am on the right track or completely overcomplicating this deal. Open to suggestions all the way around!

Thank you in advance! 

FYI this deal is occurring in the general Tampa Bay Area.