Owner financing, quit claim deed

[Caleb Metzger]

I have been looking to sell a house that I own free and clear. An investing friend has offered to buy it, if I do owner financing, above market value at $149k, pay 5.5% interest, $10k down, and do a quit claim deed held in escrow stating that if any payment is over 45 days late, the deed reverts back to me. I haven't ever done anything with a quit claim deed. Does this sound legit?