Seller Financing

[Erik Haagenson]

I am the sellers agent for a property that I own and flipped myself. I have the property listed for $515k and it's been on the market for 54 days. I have a buyer interested in making an offer but he is seeking seller financing. I am in the process of drafting a seller financing contract with an attorney so all of the details are not yet in place, but the buyer verbally suggested that they could offer to purchase the property for $575k with 100k down payment.

I am a younger real estate investor who needs cash more than I need guaranteed returns on $575k. Although I assume that there are others who would be excited to get a good return on a seller financing situation. How do I go about finding someone like that? What I'd like to do is sell the house with seller financing and sell that seller financing to a third party.

Thanks in advance for any advice.