Structure This Deal on Two Properties

[Ben Sears]

I have the option to purchase two properties from the same owner. The owner is willing to finance one or both on a land contract and I have two private lenders willing to fund the rehabs. One lender requires a first position loan and I'm assuming that the other will as well. Do I ask the seller to take a second to the private money or is there a better way to structure?

The purchase price for one property is $10k and the other is $20k. Both require $50k in repairs each.

Thanks in advance for any creative ideas.