I bought a note through FCI Exchange but they rejected to service my note.  

But that is usually say a realtor brings me a lot and to make it work does not charge a commish at all but I list it the new construction back with them this is quite common.or in the syndication area or investor realtor area where realtor may use some commish in exchange for equity.. but I am thinking most lenders don't like seconds.. of course being on the HML side I am not sure on conventional  I  guess if its disclosed.. but I see no benefit here for anyone.. this idea that people should buy homes with no money down sunk the economy last go around if U don't have the ability to save 20 to 50 to 100k to buy a house you should not buy one ...

The Securities Act of 1933 (“Securities Act”) requires all public securities offerings to be fully registered with the Securities and Exchange Commission (“SEC”).

@Ben Morris, A 1031 exchange requires you to purchase at least as much as you sell if you want to defer all tax.  

- I recommend maybe going to a casino, or investing in some third world currency :DAnyway, you get the drift.

I am looking forward to meeting others in this area with whom I can exchange conversations and ideas.  

If you know the area, have thoughts about the market, or are interested in having your lunch paid for in exchange for advice or ideas about the market, financing, strategies, etc. - let's do it.

I also stated that for HER protection (and my own) a contract should probably be executed before the exchange of funds.

At the moment, our capital is sitting in a low-risk, readily liquid investment which is returning a 5.2% ... or it is sitting in USD money market fund earning squat (I just exchanged a lump this morning and made 22.5% thanks to our oil contaminated Loonie).As such, when we analyse any "deal" that comes our way, the opportunity cost of that capital is a minimum of 5.2% ... when you adjust for risk, etc. we end-up with a hurdle rate in the range of 6 - 9%.  

There are proposals in US Congress to eliminate the IRS Section 1031 Tax Free Exchanges, which have been in the tax cade since 1924.http://www.realtor.org/news-releases/2015/07/nar-survey-finds-like-kind-exchanges-promote-job-economic-growth