I have $1million in property that I need to refinance that have junior liens.

Its the reason why I am a handyman, I also was a teaching assistant in grad school, and was an adjunct at a local junior college for 3 years.

I saw a clueless investor the other day bid $50k on a junior lien that had $200k of debt in front of it and the property was only worth $100k.

@Junior CeneWelcome to the vibrant BP community.

I decided to go to college but dropped out my junior year.

Yesterday the Palm Springs City Council voted in additional restrictions on the number of bookings per year, number of permits allowed per neighborhood, and also created a new "Junior" permit which allows 6 bookings per year and bypasses the cap on neighborhood permits.Im curious if this will change anyone's strategy in the Palm Springs market or are there those of you still able to turn a profit despite the new restriction on the number of bookings?

Only those junior lienholders who were given proper notice of the sale would have their liens extinguished.

or someone that could come in and be a private lender to lend the construction funds in a junior position?

Junior Accessory Dwelling Unit.

Go to the state WEBsite for the REA (real estate agency) and they give requirements.Usually (in order):1) Need class hours from state-certified instructor2) Need to pass the test3) If first time, you'll be considered a junior and need to do some time-served under a Principal/Managing Broker (again read the REA requirements)4) After your time served, you can apply to get a Principal Broker (whatever your state calls them), get it and hang out your license as a sole practioner.