I'll  tell you what i tell my junior officers.

Once your money is paid, you get the pleasure of sitting on pins and needles for 8 business days waiting to see if any junior lien holder decides to redeem.

@David DeyI came to this late :(Understanding junior liens and partnering with sellers are super good ideas.Everyone tries to protect their positions in debt instruments.Once the junior lien is taken care of, Creative transactions can be createdI like looking for expired listings and finding dated older houses, let's say 200,000 ARV,  needs 20,000 in workWholesaling offer is not great for this deal, after the Wholesaling fee it's about 115,000 net to the sellerWhat else can be done? 

Of course, you can always try to do seller financing or get a private loan as a junior loan on top of the bank loan.   

Once you got the big stick in hand, you nicely asked the junior lienors to settle or get nothing if you proceeded with the foreclosure. 

Subordination will almost always take a junior position.

Lien position is important because a foreclosure will wipe out liens which are junior to the lien being foreclosed. 

I usually do a basic title search on my own and am familiar with junior liens (e.g.

One of them I have known since junior high and he has a gas pipe company and he is hurting a little bit.  

I am a Junior in college right now and want to get a head start in the real estate business.