So they started doing the loans that everyone else turned down, ultra high risk development deals, second mortgages, land loans at ridiculously high LTV, loans where the borrower has none of his own capital invested, 85% of AFTER stabilized value loans.  

I found a seller who is motivated to sell his property at a pretty steep discount.My plan is to put the property in escrow on an executory contract/land contract with the condition that the title will transfer once the seller receives his funds.

Look for a land or lot deal.  

But is in a rise of land so it has a broad view down the valley.  

Giving them a laundry list of items will typically just overwhelm them and create more confusion instead of giving them a smaller step process to get more confidence to get the ball rolling and then they can get into the weeds on their state when they get the contractors out there, have local bids come in, and dial in their plan. 

Have you run the numbers on refinancing vs. selling the land parcels?

Taking a trip to the city will also help you get a lay of the land and what you can expect from the specific market you settle on.

Is it the same as land trusts ?

I have been on the *** end of these deals when I was young and did land acquisitions for a GP that went busto and man its a cluster of epic proportions..

I have also used Note Service Center and Land Home.