Why would a seller would consider seller financing

[Spencer Speckles]

I am selling a property I own outright. I don’t understand why an owner would consider seller financing. I can only think of reasons not to: capital gains tax, loan interest rate less than the property’s cash flow, risk… The only way I could make it work would be to identify a buyer I know will default. Then I could keep his/her deposit money and any capital improvements put into the building. This doesn’t seem very polite.

One way to answer my question is to give me a bulleted LOI with terms that would incite me to finance the sale.

[Craig Parsons]

Simple question what will you do with the cash from the sale? if you do not need the cash Can you get more money charging interest to the buyer and potentially a higher sale price.  I think a guaranteed 7 or 8 % interest rate on a home loan is gonna generate more income than most other less riskier investments.