Pretty good flip if the owner cooperate with cash for key.You have to be very careful as buying junior liens can be very risky & you need to keep the senior liens current so they don't foreclose.  

I got a call from his mortgage guy saying that the deal was passed from a junior underwriter to the senior underwriter and he didn't for see any problems and we should close the following Monday.

you can take a deed in Lieu you will be responsible for anything that is on title ahead of you.this is why many lenders don't allow junior loans.. because it precludes them from foreclosing. so if you have a bunch of liens etc.. your normal course would be to foreclose them out if they are junior to you... or negotiate them down and pay them off in the same escrow you do the deed in Lieu .

When I was going through forclosure{assessment lien}redemption, anoutside investor(not a junior creditor}had a lender place a mortgage against my property.

In some states, winning an auction for a lien wipes out junior liens.

I don't understand why you were held responsible for this lien since child support liens are junior to 1st mortgage. 

Whether the lender obtains a lenders policy for junior lien potions is up to their desire.

Hey everyone,My name is Ben and I'm a junior in college looking to learn more about how I can better secure my financial future.

The following day the senior member called right on time and proceeded to rehash the details of what had been discussed by the junior member.

I'm a junior this up coming year in college and working on wholesaling and fix and flip.