Today, Carmen and Jordan are very excited to welcome John Tamindzic to the podcast to discuss the legal aspects of mortgage lending. In this episode, John explains what mortgage investing is and how it works, answers the Five Most Frequently Asked Questions on Mortgage Security, and also shares his background and experience in this lucrative field.

Episode Highlights:

What is mortgage investing? How is a mortgage investment secured? The difference between and individual mortgage and a syndicated mortgage John’s background in this area of investing How does this whole process work, including the payout? What is a mortgage administrator? What happens if something goes wrong?

Quotes:

“At this level, we have private parties lending to other private parties instead of having a bank involved.”

“Every time we refer you a client, they absolutely love you…your personal service is just great.”

“More often than not, the issues that do come up, when they do come up, are issues that we can correct.”

“Being a lender – it doesn’t cost anything.”

“People can use registered funds.”

“In an absolute worst case scenario…the investor can take steps to actually sell the property.”

“It’s a great investment vehicle.”

Links:

30 Minutes to Wealth homepage: https://www.30minutestowealth.com/

Pro Funds Mortgages homepage: https://www.profunds.ca/