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Updated about 6 years ago on . Most recent reply

Is selling a property via seller financing to a trust a bad idea?
Hi - I am a newbie here on BiggerPockets and would appreciate your advice. I inherited a house in Texas that I am interested in selling. The house has a cracked slab and will not qualify for conventional financing. While I would like to sell the house for cash, I am also pursuing seller financing options. I have been approached by a trust that is interested in buying the property on an installment sale. Are there any red flags that I should watch out for in selling a property via seller financing to a trust as opposed to an individual? I would appreciate any advice that you could share. Thanks.