Land contract and sandwich lease?

I have a homeowner willing to do a land contract with $1000 down and $600/month. I think I can rent for more than that and know I can get more than that down. I have also negotiated the asking price down, so there is room in there for me to make a profit.

How should I proceed? Can I set it up so that the buyer does a lease option with me, and I do the land contract with them? Or is there a better way to do this? Thanks,

The terms of the land contract with the seller may dictate the terms of your sale to your buyer. What are the terms of the land contract with your seller?

I can set up the terms of the land contract. I was thinking a balloon in 5 years, so my L/O would only go say 2 years at most in case they can’t buy.

makes sense.