If not, maybe ask for slightly more interest or fee, knowing that you'll have more time and cost involved if you have to take the property back.Is the buyer going to pay you monthly payments of 4166.66 for 24 months, or is this a smaller payment with a balloon? 

When you look at credit unions for these properties you are likely to see a 20 year amortization with a balloon payment at year 5 or 7.

She might be referring to transactions that don't reach the closing table due to the buyers' fault, and then they would refer someone they trust to close.

I never use average rehab cost/sqft because every building is different from what I have rehabbed so far in the past 15 years, but here are some general estimates for youCosmetic rehab: $11 - $25 per square footLight rehab: $26 - $50 per square footFull gut rehab: $51 - $90+ per square footThe biggest cash buyers of properties in the CLT include:iBuyers (instant buyers) such as Opendoor, Offerpad, and RedfinNowInstitutional investors like Invitation Homes, American Homes 4 Rent, and Tricon ResidentialReal estate investment trusts (REITs) like Equity Residential and AvalonBay CommunitiesPrivate equity firms and hedge funds like Blackstone and Cerberus Capital ManagementLocal and regional real estate investors and investment groups

Yes, you will get more on seller finance than on the market most likely, but now you are the bank managing the payments and amortization.

The best success I have had with seller financing is to listen first to the sellers problem before proposing a solution.Typically a seller finance transaction involves :1) Purchase & sale agreement2) Note3) Recorded deed of trust or mortgage depending on your state.

(You act as the bank)Charitable giving to offset gainsTransfer the home into a trust (Like a CRT for example) that will avoid capital gains tax and you can have pay you a set income stream until your death and the remaining funds would go to charity.None of this is or possibly could be advice, I don't have enough info to fully know what is "best" but these are some ideas to think about!

You are correct - the terms can be great and with the exception of the monthly interest payments, you control the payback schedule.You can add a business or personal line of credit (LOC) as well if you can get one.

Trusts work just fine.

This article goes into more depth about the topic: Maximize Your Investments Funds With Partnering - Quest Trust .