The Truth About Real Estate Investing... For Canadians

You know about the downturn we just experienced and like many of you, I was curious how private mortgage companies fared so I reached out to Kyle Ford whose company manages $150 in private mortgages. Kyle tells it like it is, he shares how many mortgages went sideways, what the lessons were, how Kyle and his staff put time and money into taking over failed BRRR’s and flips to finish projects and sell them off and make his clients whole. Why? Because it’s the right thing to do. Treat other people's money better than you treat your own. If you won’t invest your own money into your project and you can’t pay people back when deals go bad, don’t use other people's money. If you don’t believe me, ask bankrupt investors how much those other people who invested in them hate them and want their money back. Debt is cheapest like first mortgages, VTB’s, you don’t give up control hence that should be one’s first option. Back to Kyle’s interview, we journey back to when he was a alternative financing borrower investing in