You had to be careful about buying junior liens because a foreclosure by the first lien holder could wipe out the investments by all the junior lien holders.Check how it works in your state, but if it is the property you want and not just the note, foreclosure may be in your best interest.

One of my mentors invests all over GA, SC and the southeast.

Hi Sandy,Well the amount is negotiated between the senior and junior lienholders, or by the buyer and the lienholders.

Can't say I'm surprised, though; my now-ex mentor referred me to this mailing guy when I started wholesaling a few months ago. 

Actually, as my mentor taught me years ago, your actual buyer is just a stones throw away.  

My name is Onika and ( you can call me "O" I am a newbie at wholesaling real estate ...I need a mentor to help me through my first couple of transactions..

Also network with members nearby, you might just find a mentor through that. 

I think being mentored by a successful local inventor would be invaluable.

I was wondering if there were any members in the Fresno area that are willing to mentor or just talk with about real estate.

So I bought a junior lien and got the payoff and reinstatement amounts.