Mortgage Investment Corporations- The who, what, where and why!

This week’s podcast guest is Jesse Bobrowski, Vice-President at Calvert Home Mortgage Investment Corp. Jesse dissects Mortgage Investment Corporations (MIC) for us and gives us the play-by-play of exactly how they work. Jesse talks about What a MIC is, why you would want to invest in it and the potential of returns in MIC investing. Jesse also shares with us insights and advice when purchasing property in Alberta and his top tips when investing in that province. Tune in for some excellent insight and conversation.

Jesse began his REI adventure about 14 years ago after graduating from university and moving to Alberta from Ontario. He met a husband and wife team of private lenders and ended up working with them just as the sub-prime crisis happened. He then learned the ropes and what not to do. Now at Calvert, he focuses on creating solutions for flippers with amazing programs in Ontario and Alberta. Calvert is in essence a private fund where investors buy shares and earn money through the interest and fees that Calvert obtains through its mortgages.

In this episode, you will learn about:

• Buying Property Insights in Alberta
• What is a Mortgage Investment Corporation (MIC)
• Why invest in a MIC?
• How long is the investing capital tied up in MIC?
• Average type of potential returns in MIC investing
• Understanding the risks investing in MIC and what to look at

The post Mortgage Investment Corporations- The who, what, where and why! first appeared on Sarah Larbi Developments.