In certain circumstances the lien may automatically become inferior to that instrument as they may not be anything to attach to.  

This will be instrumental in locating these deals.Thanks again and I look forward to more discussions on this forum.

2)What instruments are you using?

Brian, you sound like the Music Man in the musical teaching kids how to play instruments he sold as a con man who knew nothing about teaching music, he called his method the "Think System" if you think you can, you can, but with a little help they did get to 76 Trombones in their parade.

@Chris SukalaYou could roll it into a self-directed retirement instrument, and use it for some kinds of real estate investing.This avoids the tax hit, and it lets you do something with the money.There are a lot of rules about the ways you can invest, but it's totally viable as a retirement investment tool.

Per IRS rules, any debt instrument must be non-recourse. 

All it does is tie its hands.If this is a situation with a new money junior lien requesting a foreclosure forbearance in advance, this might cause the senior concern that the borrower is becoming unstable and the senior might look to exercise a due on sale or encumbrance clause in its security instrument.

However, the taxes are a little steep.If one is tapped out, use this opportunity to do something one loves such as learning how to play an instrument, and/or get in shape.

I've done REFIs and 1031 exchanges, and now my instrument is Recasting which I see as a valuable mechanism that positions me in a healthy place to build my portfolio faster while following a strategy I'm comfortable with. 

It has been so instrumental in our investing journey, and in my growth as a real estate agent.