The M12 Capital MIC Advantage
Regulated
Mortgage Investment Corporations (MICs) were created by the Government of Canada in 1973 to promote private financing and to make it easier to invest in mortgages. MICs are governed by the Income Tax Act, section 130.1
Effortless Investment
Investing in private mortgages as a stand-alone investor can be daunting. Without a strong background in underwriting, legal, accounting and financial skills, it is very hard to achieve the same risk-balanced return as a MIC. Unlike an individual investor, a MIC has the robust underwriting processes and large volume necessary to build a diverse portfolio. That deal flow allows a MIC to quickly reinvest any money so that capital doesn’t remain idle, thereby increasing your return.
M12 Capital MIC takes the stress of day-to-day management while allowing you to enjoy the returns of your investment.
Secure
MIC managers work with borrowers, lawyers, notaries and other advisors to administer the mortgage portfolio. Additionally, the assets of the MIC may be leveraged by the MIC manager by prudent lending from banks or credit unions.
M12 took over my portfolio after i got into a serious enforcement problem. They handled everything and got out every penny from the asset. I would never consider running my own mortgage portfolio again when i have the backing of M12 Mortgages to administer everything for me.
