private land financing 2

https://post-wiki.win/index.php/Finding_the_Right_Rural_Land_for_Sale:_A_Practical_Guide_for_Buyers

We stumbled into private land financing when a family friend wanted to buy a lakeside lot but didn't qualify for a traditional mortgage. The seller agreed to carry the note, so we set up monthly payments directly between them, with interest rates and terms we negotiated over coffee. It felt more personal than dealing with a bank, though we had to hire a lawyer to draft the deed of trust and ensure the transaction was properly recorded. The flexibility was nice—no rigid lending criteria—but it a…