Land contracting the new Wholesaling??

[Rick Stevens]

I've got a REI friend who loves to talk land contracts. I've never really done that up to this point but he makes it sound a lot like wholesaling with the benefits of renting, but no land lording.

I get all the basic premises, but wanted the BP communities opinions on this strategy. I’m a buy and hold guy right now, considering land contract.

When I see land contracts advertised on FB they blow up! And they are terrible deals based on everything I’ve seen, but the sellers are really making out.

Please help