Some mortgage lenders offer TBD underwritten approval letters (one-tier above PreQualification) that can help distinguish offers to purchase.

This would be done by leveraging private funding for down payments that will be payment free for two years but then paid out with a balloon payment plus interest on the back end via a tax excluded sale of our current rental property in two years, giving us a very large payment of tax-free income.Thoughts?

Then get a lawyer to write a letter outlining under the lease what happens to their money when you get it.

Were you surprised by your recent valuation on you Appraisal letter? 

Do I send a Letter of Intent?

If there is no balloon you're entering into a 30-year relationship with someone. 

I showed them the whole business model and spreadsheet...We ordered the Feasibility study and appraisalThen they gave me a Term Letter that states everything even construction cost analysis by their 3rd partyThats where we are atwe have a GAP of $2.7MWe came up with the strategy last night.. that at the very least we need $1.5M cash to pay a balloon payment by June 27 or it forecloses... the lord will not let that happen.So I have the green light from the Lord to talk to all the interested investors as He is opening up the doors of Favor

The bridge would be 6-12 months, you'd have the funds to complete the rehab and then you'd refinance before the balloon comes due.

You can mail them a letter saying that you are a cash buyer and you like to buy their property. 

Facebook Marketplace, Craigslist, LandSearch.com, send neighbor letters.