An option may be to roll active 401k funds to an IRA and look at using a self directed IRA to buy the property.

I was told 1st Mortgage was extended 32 months. any options ?

Its a numbers game so the more options you have, the better.

LIke how to get rich in foreclosures right now would be pretty tough to do since they are non existent.. or in a uber hot market like now.. owner financing or the super duper lease option niche these all work in heavy distressed economy cycles but pretty tough today.  

go with orign8 very easy to use. also, you have the option to have both.

No, do a deal 1st, everyone worries about their " power team" when they have never even done a deal,   This is also a great take.

I agree with almost everything everyone here has said.Fortunately I think you have a couple of great options...

Im in Canada so it seems like Realtor is my best option.

Since the owner owns it free and clear is seller financing an option?

It sounds like you're accustomed to more permanent financing options, but a flip loan is really a short-term bridge loan that acts like a construction loan.