Has anyone ever bought land through "Owner terms" and then done a wrap around?

[Ralph E.]

I wanted to know if anyone has bought raw land/acreage through "Owner Terms/No Credit Check/Low down/Low Monthly Payments" and then sold it to someone else when the owner you were making payments to allowed a wrap around while making some profit? Or, have you bought inexpensive land, (say for $1,500 cash, etc.), then profited by flipping it to someone by asking for a down payment and monthly payments?