Introducing RATEScore – How we Identify the Highest Quality Private Mortgages for you to Invest in.
RATEScore is Canada’s most sophisticated standardized underwriting scoring and pricing system, and it is the exclusive property of Magnetic Capital Group. Borrowers don’t care who lends them the money they need, they only care about getting the cheapest price for their loan. But its not our job to serve the Borrower. It’s our job to […]
How do you lose money investing in a private mortgage?
The beauty of investing in private mortgages is that every dollar you invest is secured by more than a dollar of real estate. That doesn’t mean you can’t lose your money, but it does mean that you’ll never wake up one day to a news report that says, “the market has crashed, and it’s all […]
What is a Mortgage Administrator and What is the Value in Using One?
Magnetic Capital Group is Canada’s premier private mortgage investment administrator. But what is a mortgage administrator and what is the value of using one to invest in private mortgages? Think of a mortgage administrator as a mortgage “manager”. In Ontario, where Magnetic is licensed to operate, when you deal with a mortgage administrator you can […]
Beware of the Withholding Tax Trap
The Risk You Didn’t Think of Before Lending to a Foreign National (hint – it’s not fraud!) Canada has a worldwide reputation for being a great place to invest in real estate. Growth in our economy and rising housing prices are fueled by foreign investment and of course, immigration. Our banks all have “New to […]
The First (and perhaps most important) Rule of Private Mortgage Investing.
If you want to lend money to people as an investment, the first step is finding the people who need the money. One of the biggest advantages to being a private lender is the luxury of being picky about who your money gets lent to. For every 100 applications we see at Magnetic, we only […]
The Number One Reason Investors Fail.
Like with most things in life, the number one reason investors fail is their inability to do the right planning and preparation before they invest. Investing is about getting there, nothing else. It’s not about entertainment and it’s not about having a good time. It shouldn’t be like riding a roller coaster either. […]
