Is this a dumb idea?

[James McGovern]

I have decided to sell my next few flips to home buyers with sellers financing. Is this a dumb idea? What do you think could go wrong?

[Cole Bossert]

Not dumb, but risky. Biggest issues: buyers defaulting, tying up your capital longer, and legal headaches with foreclosure. Screen buyers hard, get a solid note and deed of trust, and use a real estate attorney.