Selling my property via owner finance - How to Get it Done?

[John Chan]

I'm selling one of my properties in Cincinnati, Ohio. This guy is putting down a 30% down payment and will finance the rest through me. I was planning on doing 2-3 years at 12-15% interest. Is that the normal owner-financing rate these days?

I have never sold a property without a realtor before. Can anyone guide me on specifically what I need to do to sell property without a realtor and record a mortgage on the property for what he owes me?