need advice fast

[Justin Stores]

Heres the deal.

A friend of mine told me a woman he knows is either going to loose her home at the end of this month or she is going to stop paying on it this month and let the bank take it. She has started moving into a townhouse already. He told me she has it for sell but is giving up on it by the end of this month. I told him to tell her about seller financing like lease option, subject 2 etc. He told me she is stupid, which is apparent. She has already lost one home and a vehicle. I hate for her stupidity to ruin her life. He said that I should make this my first deal.

Heres my problem. Its my first deal. I don't know alot about doing this. I have no money. And I dont know what to tell her. I have read about flipping and wholesaleing but I have not learned much on other options.

Please give me some guidance fast. I dont want this to get away.