Once the sellers accept the offers.. 

Yes, I have done that several times, both as a buyer and as a seller.

The seller is offering seller financing at 2% interest with a 9-year balloon.

This is the only property we’ve ever seller financed, in case that clears up any questions you have about Dodd-Frank compliance implications.

Hi all,I am curious what some of the Pros would do to Help a Seller in this situation while making a Deal happen.I found a 200+ day old MLS Listing where the Agent said the Seller is in Financial Ruin, hasn't Paid the Mortgage in a year, owes about 180k on an approx. 210k House and multiple Buyers have backed out.I don't know how someone could not Pay their Note in a year and not at least be in Pre-foreclosure. 

I would like to learn more about seller financing, I see a lot of information on the internet about seller financing but honestly I am just confused.

Ignore seller finance for a second...Can you buy a house, put 20% down...yes.

The seller is offering seller financing at 2% interest with a 9-year balloon.

Does anyone have much success buying SFH with seller financing? 

There’s nothing special about the seller financing terms here IMO, unless you can’t get a conventional loan of course but if that’s the case the balloon payments create a high risk for you and you shouldn’t do it anyway.