Advice on selling

[Jeffrey Johnson]

Ok, here is the deal. I have a rental that is a long distance rental and I am selling. The people renting are the buyers.

The issue I have is that they are only approved for a a certian $ amount. What I need to get is about 12000 more. I have a line of credit on the house at about 15,000. I presented them a rent to own offer for a year with a bubble payment after that, and they counterd. Money is not much different but they want to do a contract for dead. In doing that I would have to pay off the line and there is no way that is possible. Their down payment would only be 5K.

What are my options on making this deal work. If you need more info please let me know what you need. But I need a way to sell it with monthly payments for a year. Again the money is pretty much agreed to so all I am looking for is how to make the deal work.

Thanks