owner financing (again)
I've put my house up for sale recently on Craigslist.
In one day, I have two people asking if I'd do owner financing.
I own the house outright and would rather just sell a house in the usual way. I'm in no rush.
However, given that anyone wanting owner financing will be suspect financially.... what's the way to roll with this?
The primary concern is to avoid taking a loss if they fail to pay.
I'm assuming that a large down payment is the most essential way to protect oneself.
Any links to good owner financing tips?
Unless owner-financing is profitable in some way, I'd rather not.