Best way to handle this type on money loan,

[James T]

Once again I need BP's help. I have a property I rehabbed and listed for sale. The buyer interested in my property is about 60K short of paying for this property all cash so I was wondering if it would be a good idea for me to carry the 60k(OWC)? They are putting down 50k for the property(almost 50%). Do you have any suggestions on the best way to handle this. I was told to use a loan servicing company if I plan to makes this type of loan and they charge around $20.00 per month to do this. Any suggestions or better ideas would be appreciated.

Thanks BP! :D