A Doctor wants my help financing a deal, I have questions

[Nancy Bender]

A realtor I've used frequently asked if I'd be interested in helping a doctor client of his finance a condo, (it will be his primary home) He can't get financing because of a messy divorce and the closing is next week. He would like a loan of $190,000, paying me 6% interest. If he defaults after one year the property would be turned over to me. (This would all be drawn up legally.) My question - Is this worth my time and if so, what would be a fair interest rate?