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Account Closed
  • Real Estate Agent
  • Las Vegas, NV
1,348
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2,334
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What going on with FCI Exchange ?

Account Closed
  • Real Estate Agent
  • Las Vegas, NV
Posted

just received this email, Are they out of business?

FCI Exchange "Site Closing Notice"
FCI Exchange has had a wonderful 8 year run and we wish to thank all of our platform users.

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Don Konipol
#1 Innovative Strategies Contributor
  • Investor
  • The Woodlands TX / Avon, Ct
10,482
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6,660
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Don Konipol
#1 Innovative Strategies Contributor
  • Investor
  • The Woodlands TX / Avon, Ct
Replied

@Jaime Mitchell

Non performing seconds are the highest risk space in the note buying industry. Investing zin NPN seconds requires much greater knowledge than investing in performing notes, NPN firsts, or originating loans. I am not familiar with your personal situation but I would think twice about starting there as a newbie.

  • Don Konipol
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Private Mortgage Financing Partners, LLC

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