I am a junior majoring in finance with a focus in real estate.

I've heard that some had to offer concessions to avoid evicting tenants, lower rent, and in one dramatic instance  the valuation of the property dropped enough that even though the loan was being pad, it was called in due to the loan to value diminishing due to reduced valuation.I actually believe that the  meltdown was so  extreme that we're unlikely to see anything like it in the forseeable future, but that doesn't mean there are not big lesson's to be learned.Originally posted by @Junior Soares:@Tania ReubenDont sell, keep holding and keep them rented.

I was recently offered a position as a Junior Broker at a small apartment complex broker in a large market (Nashville, TN).

Their rates are very high, as they are taking a junior position lien (2nd mortgage) so much more risk to them.

Background: I am a 20 year old Junior in college (Go Irish!)

From what I understand, most lenders do not view junior liens favorably, and since they hold the first lien it wouldn't help much anyways.Thank you in advance.

Hey all,  20 year old Junior in college.

If you filed a quiet title action against them, the matter would be rated as to its importance and, if Citi decided it was even worth contesting, then a lawsuit over this property would be most probably be assigned to a very junior lawyer. 

@Junior Soares That is awesome to hear!

If you accidentally buy a foreclosure where the foreclosing entity is the junior lien holder, i don't think you are gonna get your money back.