2nd Lien Question

[Christopher Montgomery]

Good morning All,

I am looking at a nonperforming 2nd lien and while doing due diligence. I find out that the property is in preforeclosure from the 1rst lien lender. If I were to purchase this not how would I go about recouping the UPB on the 2nd, or would the foreclosure wipe it out all together. The property is in Las Vegas if that matters..

Please advise and Thank you all for your time,