Guide 2 the Grind

Why Banks Offer You This?


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Have you ever wondered what the bank’s number one investment is?  

It’s you.  

More specifically, they invest in your ability to repay a mortgage to them. They study the borrower, assess their risk, decide whether or not they’re going to lend you money to buy your house, and set up a nice 25 year income for themselves.  

So if the banks think mortgages are such a great investment, why don’t they offer them to you as an investment option?  

In fact, if you walked into the bank and asked them if you could participate with them in lending mortgages, they’d probably look at you pretty funny, right?  

Then of course there’s the complete opposite of that. We’ve all heard of someone’s rich uncle Terry that lends people mortgages, but then he ends up owing their homes, and making his money with the “loan to own” mentality.  

The good news is, there’s a happy medium… Mortgage Investment Corporations.  

You’ve probably heard us talk about Mortgage Investment Corporations, or MICs (pronounced micks), as a source for alternative financing, but did you know that you can invest in them too?  

MICs are a great alternative investment. They offer security that you only normally find in GICs and Bonds, with returns you don’t see almost anywhere else. It’s a truly passive investment in real estate, and the best part is… they don’t charge fees!!  

Your return is actually yours!  

On today’s episode of the “Investment Property Income” podcast, dig deep into both sides of the Mortgage Investment Corporation world. You’ll definitely want to listen and learn about this investment option. 

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Guide 2 the GrindBy Jonathan Tillger & Geoff Edie

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