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Updated over 8 years ago on . Most recent reply

User Stats

61
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25
Votes
Charlie Claxton
  • Atlanta, GA
25
Votes |
61
Posts

Selling secured paper

Charlie Claxton
  • Atlanta, GA
Posted
Hey BP Does anyone know what the best online platform to sell Residential & commercial paper is? Seasoned and unseasoned.

Most Popular Reply

User Stats

211
Posts
166
Votes
Joshua Andrews
  • Lender
  • Austin, TX
166
Votes |
211
Posts
Joshua Andrews
  • Lender
  • Austin, TX
Replied

FCI is good. They have great exposure to a large variety of both sophisticated and unsophisticated investors. They also have a great system which functions much like escrow, where collateral, ownership, proof of funds and other items are verified prior to consummating the transaction. 

Understand that they don't directly sell assets, they are a facilitator, much like an escrow or title company. I have purchased and sold assets on FCI and it works quite well.

Josh

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