I am wondering what method can I use to pull this equity out of the home to purchase more homes through owner financing techniques. 

I plan to use the BRRR method.

That's a great idea with BRRRR method.

What is the next step I could take?

@Khorey Beauford Congrats on taking the first step!

When your folks pass, and you inherit the properties, the IRS gives you a one time step-up in basis value on the properties. 

And are there any steps other than filing the document with the court?

If so, I need a recommended paint brand and vinyl prepping steps if this can be done.

First, learn the process which could be explained in these simple steps:Step 1: Market to motivated sellers Step 2: Sign purchase contract with the seller Step 3: Find cash buyerStep 4: Sign contract with cash buyer for a higher price and collect 2k deposit Step5: Close Transaction via Assignment or Double Closing and Collect your checkSecond, learn has much as possible about the 5 skills needed to be a Pro at wholesaling.

- What are the steps after seller has signed the document (via DocuSign or whatever service you use) - do you go to title company and open escrow?