Buying subordinate liens at foreclosure auctions

[Evan Gater]

Hello,

I reside in Orlando and I'm currently exploring properties in Florida. I am contemplating the possibility of purchasing a second mortgage or an HOA lien to subsequently pay off the superior lien. How does the process involved in paying off the superior lien work? Is it typically straightforward to make such payments, or is there a chance that the bank might refuse payment and proceed with an auction?

Furthermore, I'm curious about the level of risk associated with this process. Would you recommend investing in subordinate liens?

Thank you very much in advance,