What's the rush?

If the seller agrees they can give up their lien position so you can refinance, but its a risk because Im not sure you can make them commit to that ahead of time.

As the saying goes, "in a gold rush, be the guy selling picks and shovels".

I wouldn't be in a big rush as I have other income. 

As a homeowner, you're already ahead of most people :) I grew up in CA and moved to Reno, NV to live and invest.

We have the cash to pay it now, but with 0% financing, we are in no rush to give up our cash. 1. 

I would want to get MORE from the seller than that in a concession so that I have an opportunity to end up ahead for the extra work, hassle and risk. 5.

The guys said it best.Make sure you can actually get started before you get started like @John Underwood said.Plus I would really look at just getting more properties like @Mark Miles said.I think you will be ahead in the long run.

Most likely when seasoned professionals started out, they were guided and mentored by people who were levels ahead of them.

Thanks Bryan, Yes i think having something legally binding ahead of time is a solid idea.