You could start advertising now so you can cover as soon as the vacancy occurs and make the ability to co-operate with showings a condition of any agreement.  

I graduated from college and I got a business degree with emphasis in real estate.  

I guess this would be considering a wrap around mortgage since I'd try to keep paying on my mortgage - though I do have the ability to cover if they were to activate that rare due on sale clause.So my questions are for anyone who has had experience in structuring seller financing deals:1) My initial thought would be to structure it to parallel my own ARM to keep her payments low for 5 years (close to what she's been doing for rent) and have a balloon payment in 2020.2) What kind of interest rates are usually charged in this situation?

I think folks need to be realistic about their ability to borrow and or the unicorn rate that you think you can get.. loans are pretty universal .

I am currently finishing up my degree in Graphic Design, but I'm really interested in flipping homes and buying multifamily housing.

I graduated from college with a business degree that emphasized real estate.  

Any offer you or your agent presents needs to be accompanied with a pre-qual letter anyway so getting your financing squared away first gives you the ability to pounce on a property that interests you when that time comes.2.

I started with my first househack: a duplex in 2005 that now rents for $950/ea, and in next years bought two more SFR that cashflow -> inspired by rich dad/poor dad reading and working construction while finishing an OPS degree at WWU.Operated a seasonal campground, self employed in the off season and just saving pennies like a mad-man while the family grew and happily had to feed more mouths.

Whatever the equity is, the REO status is ruining their ability to loan new money.what the FMV is for this house.I would make an offer ~= there equity, have them pay all costs, get you a clear title and title insurance. 

Not too uncommon, but there is 8 inches of snow and it is 23 degrees.