Seller Financing with a lien

[James Zhang]

I am in negotiation with a seller who is willing to do seller financing on a property.  However there is a lien against the property at the moment.  Not quite sure what kind of lien it is just yet.  The game plan is to renovate the property then take out a conventional loan against.  Ultimately turn it into a cash flow property.  My question is how do I structure the seller financing when there is a lien? Also, would the bank originate a mortgage when there is a lien against the property?  The seller wants to pay off the lien with the proceed.  So part of the mortgage proceed will go to the seller and part of it would pay off the lien.  Is it possible?