Trying to sell a property ... banks do not help

[Dawn Anastasi]

I have a property located 2 hours away from me that I'm trying to sell. My realtor did find me a buyer, and they are willing to pay a reasonable price, however they don't have the best credit and want to put down $20K (inheritance money) and the rest via land contract for 2 years until their credit improves. However I checked with the bank I have the mortgage on, and they will not allow the land contract.

So I checked with the bank to see if they would give me a mortgage on another property I own (that doesn't currently have one), and they would not because I purchased it over 12 months ago. So I asked about putting a mortgage on a 3rd property, and they would not do that either because I bought it for such a low price. (The seller was desperate.)

So I'm not sure what to do now to get my original house sold! The best I can do is WAIT for a buyer who can get a regular mortgage, instead of a buyer who wants this property NOW. Frustrating!

Any advice or ideas?