Hi BP,I am 22 years old and a junior in college, majoring in finance.

We're not part of a monster big-name brokerage, where you'll get handed off to junior team members once the ink is dry on our listing contract.  

My research has shown that in Georgia, a real estate auction "wipes away" junior liens. 

I don’t plan on doing this for another year, I am finishing up my junior year now.

I know silly but its the law .. do look up the foreclosure rescue laws in CA I know they are there @Sean OToole  knows them by Heart.Now also the loan with Quit claim is totally illegal I know its done but anyone complains and your in hot water that is circumventing the borrowers right to cure.. so forget that one.also if there is no junior  debt and its a California trustee sale its probably going to sell for at least 75 to 80% of ARV so figuring no sales cost no fix up work.. that could be his best bet let it go to sale get the MASSIVE overage tax free and move on.. depending on your financial capacity I did this in Oregon 10 years ago.. and before the laws changed .

It comes down to debits and credits for the most part but there is also the logistical and sometimes conflicting component of investor requirements and 3rd party requirements (MI company, junior lien holder, senior lien holder, GSE, etc.) that at the least, influence the transaction or, can control the transaction beyond the seller's or lender's objectives outright.

I took an A/C course at the junior college, taught by the HVAC guy who was a sponsor of, and frequent guest on, the local home handy man radio show.

And you're doing so in a second (junior) lien positioning.

sounds like you have dealt with all the sharks.. if it takes a really long time to evict someone in that state your best bet maybe to let it go to foreclosure and if it bids up which it could if your buyers are already offering you whats owed. they would not do that if there was not equity above whats owed. your mom would get the overage as long as there is not junior debt.also since her credit is trashed and if you can handle her housing.. she can just stay as long as possible until she gets evicted and then just walk out the door..

Hello BP,I'm currently junior in college in Ohio and am interested in real estate investing.