Updated over 11 years ago on . Most recent reply
Would you seller finance this?
I have an offer from a person who wants to acquire my condo using a land contract. The property has been on the market for a number of years and I am eager to sell. Problem is that the buyer has some judgments against him from a few years back. I'm considering an offer where the buyer occupies the condo, pays just as if he were buying for a number of months, and if he is reliable in paying over that time, then we would close. I'm wondering what the collective wisdom on bigger pockets is regarding this idea? What are the pros and cons?