Lease Option or Seller Finance Vacant Land!!!

[Jermaine HILL]

I currently have another vacant land under contract for $35,500.  ( I am trying to wholesale the land).  I received an offer from a buyer to purchase the land.  He says he has good credit but his debt to income ratio is to high.  (He owns Rental Properties).  He said he can put $20,000 down on the property. 

It sounds a lot like I could do seller finance or lease option on the land.  But I am not sure how I would structure this with vacant land.  Also the owner owns the vacant land outright!

Has anyone on BP structured a creative finance deal on vacant land?

@Seth Williams - Could you add any thoughts on how you would structure a deal like this?  I know on the podcast you said you have not gotten into wholesaling vacant land, but have you ever structured a creative finance deal as the seller?