Hard money Lender, Private money Lender or Transactional funding?

[Gold Akabuaku]

Hi all,

Im a bit conflicted here.. I have a deal in my hands and don't know how to go about it.

Seller lives in Connecticut. owns a vacant home in Ohio. willing to take 255k for it, ARV is 430k. confirmed comp. 30k in estimate repairs

Theres a caveat. Guy wants me to carry out a construction project/plan thing.. his house sits on 8 parcels of land (he owns). he did a lot of architectural/ construction imperative work all around the country when he worked- so he had constructed a plan he'd like for me to submit to the city to have them make a roadway connecting his high end neighborhood ( like already stated, arv is 430k) to an even higher end neighborhood that will be developing over the next year or two (already has a 1.2M house to start it off).  The roadway will be going through his 8 parcels of land in his backyard to complete the junction.The man is terminally ill and wants to make sure he sells his house to someone he knows won't just flip it and cashout, but to someone who will try to get his plan implemented before he passes. Fortunately for me, I've built lots and lots of rapport with this man, he has chosen me. He believes this roadway will make the neighborhood more profitable.

Unfortunately for me, i am brand new to the real estate world and do not have the funding to purchase the house.My intent when i initially called him was to wholesale the thing, but i may have struck gold. what would be my best next step moving forward? i don't want to run into a investor i do not trust, and assign the contract and them just cashout on flipping the house and ignoring the plan. i want to take matters into my own hands, so what would be the quickest, easiest, or perhaps smartest way to fund my deal? HML, PML or transaction funding?

Things to consider before a reply is submitted: I told him about my lack of experience, but our relationship has grown so much he doesn't care. We've been communicating for 4 months. He's an expert and he's willing to walk me step by step on how to get this thing carried out. he just wants this property off of his hands already. He's sick and old and lives states away.

we spoke on the phone, he wants to demolish the house and have the roadway connect to the two neighborhoods through hi's 8 parcels of land ( approximately 5 acres) and the new space the missing house will make.. a man had just bought a parcel next to his for 300k. so id be selling all 8 of his parcels that i will be owning if i get the funding to the city/ who will be constructing. so really i have a potential to make a lot off this deal if I'm thinking right

a very similar project had just took place 2 miles away. that same man is trying to get my seller to sell him the house instead so he can do this very plan, but he does not trust him, he knows the man well. he has sent me a map/ blueprint of that  already completed project as the comp to submit to the city.

Im 23, " GOOD" rating for my credit score, and in the military.

Anything helps. and i mean anything.