Im desperately in love, what do I do!?

You gotta wait till they're done. Show respect. Stop pouring your heart out to he, and just talk to her like a friend. Or just don't talk to her for while, then slowly reestablish communications with her. If the relationship fails, don't be rebound, simply slowly give subtle hints you're attracted to her, and see how things go. If it seems to be going good, and she shows positive signs that she likes you, go for it and ask her out. If she says no, then don't over react, just act like you half expected it, and take it like a man. Then continue on, and hope that you can salvage a enduring friendship out of this mess.