2 mortgages on the property that I am interest in

[Gary Josephs]

Hello Bigger Pockets community, 

I am a beginner investor that is starting to build his career in the industry by assigning houses to other investors. So I found a house in a great neighborhood (Bayonne, NJ) thats in pretty good condition from what I can see that would make for an ideal flip. I spoke with the home owner and scheduled a time I can take a look at the property but while speaking with her, I had one reason to pause. She currently has 2 mortgages on the property and this something I have never heard of or aware was possible.

Seller is looking to have both mortgages paid off as well as walk away something in pocket as well. 

So in short, what strategies would you implement for something like this or is this a bit too much for a beginner like myself?

Thanks 

Gary