Is a MIC the Best Way to Invest in Real Estate?

Versa Platinum Financial Corp30 Sep, 2024Finance

Want to become a mortgage investor? If yes, MIC investments could be the right solution. Mortgage Investment Corporations, or MICs, pool the capital from a number of investors under one roof to invest in various mortgages. An investment management firm with a portfolio of loans backed by real estate is known as a mortgage investment corporation, or MIC in Canada. By combining the investment from a number of investors and using it to fund several private mortgages, MIC allows individual investors to invest in the real estate market.

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