Seller wants yearly installments instead of all cash.

[Michael Dorey]

So I've got a good problem, I think.

I've got a friend who approached me about buying a house that his wife inherited.

It's a really great deal.

They want a downpayment and then installments once a year for 3 years.

But I'm a little confused about how to handle this. The last 3 houses I've bought were cash and before that it was bank mortgage loans.