Is it possible to get short term private money/hard money financing to pay the owner of the house in cash and then secure the FHA loan within a month to pay off the hard money/private lender?

@Drew FeutzThat’s a great way to start and I have also lived in a duplex for short time and it really help me jump start.

There has to be a way of creating a network of low margin, high volume “ sale by agreement off network by owner” real estate transactions where the fee anticipates 2 transactions in a short time i.e the buy then the sell....

Your only option is a short sale, which the bank is not going to hand you on a silver platter.

And the cons: they are next door.So, I’ve also considered a single-fam, short-term vacation rental property in the Vermont ski areas, the Catskills, or some other yet-to-be-researched/discovered location.Anyway, as you can see, I need to keep researching to find out where the best opportunity is for me.

There is still the redemption period before they lose it. 

With the short time to move out state, I offer to take care of house.

As opposed to buying a house, as soon as you sign (or shortly thereafter) you own the property and the transaction is complete.

So you tell them you'll give them the 15k if they will carry the rest for a certain period of time and whatever rate. 

A week is too short.