My attorney friend asked me if I have ever bought a junior lien to which my response was no, but I would definitely be interested.My goal would be to buy both the junior and primary liens and re-arrange the financing so that it was all consolidated into one payment at a lower interest rate to me, in which then I would sell the note to a lender or help her refi out of the loan payment to myself into a loan payment to another lender.My questions for anyone (preferably if there is an attorney out there with experience in this space) are:1.

In fact, you can now build not just the ADU, but also a junior ADU.

Would love to connect with you when we finalize the move Junior

This post is mostly targeted at junior military officers at the beginning of their career.

Hello BP members,My name is Blake Sullivan and I am a Junior at Western Illinois University pursuing my MBA.

An appraiser is a very defined career that requires specific education and licensing (same format as becoming a broker, but very different jobs).An analyst is a broad-stroke definition often used to define a junior member of a team or organization, the definition / scope / roll of which can very greatly depending on the company or team.

I go and bid on the senior lien, intentionally over total debt so that anything over total debt goes back to me, the bidding junior lienholder.

I was able to put aside enough cash to purchase a foreclosure with an investor/realtor this year as a junior in college.

@Jody Schnurrenberger  facts.once you have mortgage lates your credit is trashed.. the foreclosure recording is a little worse but you still have trashed credit just because you buy it and bring it current its still going to take them years.. and they usually have other bad credit.Most you will evict and many wont make it 3 months that my experience I did about 150 of these.Yes if there is no junior lenders or liens overages are due the family losing it I have seen overages as high as 150k.. and its not a bad way to go.. they sell the house without having to fix it and with no reps or warrantees at all.just know the nuances that's all.

If you purchase prior to auction, you need to have a title search done and updated to ensure that you aren't purchasing a property with judgments, junior liens, unpaid dues, taxes, etc.