Private mortgage lending in Canada was once a small corner of real estate finance reserved only for banks. But it is now an accessible vehicle for reliable, asset-backed passive income. Investors can earn monthly interest with mortgages registered in their names on Canadian property. This article will outline four private mortgage underwriting fundamentals to protect…
Author: admin
REIT vs. MIC vs. Private Lending (Canada): The Best Real Estate Investment for Passive Income
If you’ve looked for passive income from real estate in Canada, you’ve probably come across Real Estate Investment Trusts, Mortgage Investment Corporations and direct private mortgage lending. They can all seem similar. They are real-estate-backed and can provide steady cash flow. But they are actually quite unique. Each asset gives you exposure to real estate…
What I Wish I Knew Before Becoming a Private Lender
I’ve been a private mortgage lender in Canada since 2013. I’ve issued loans in multiple provinces using my own money and have learned the business through trial-and-error. On balance, I think private lending is a great vehicle to generate passive income. But it would have been easier and less risky if I knew some important…
How Canadians Earn High Returns from Real Estate Without Being Landlords
Most people think real estate investing is just about owning property and profiting from it. If you’re a landlord, a developer, or a flipper, that often means headaches. You might have to do renovations and inject more money into the asset. You could have tenants who don’t pay rent on time or have to take…
6 Essentials Every Private Lender in Canada Should Know
If you’re thinking about lending your own money on Canadian mortgages, there are foundational concepts you should understand before you start. Private lending can be a strong, reliable investment when done properly. But it can expose you to serious risk if you don’t understand the fundamentals. My name is Alexis Assadi, the founder of Assadi…
You Don’t Need Millions to Be a Private Lender in Canada
Many Canadian investors are enticed by private lending because it can produce steady, predictable returns backed by property. The main barrier for a lot of new lenders is perception. They assume they need huge amounts of money to lend. In big cities, that’s often true. Housing prices in Toronto or Vancouver can easily exceeds a…
Canadian Private Lending 101: How to Lend Safely and Legally (Essential Guide)
Every year, thousands of Canadians are turned down for mortgage financing by banks. Maybe their income is difficult to verify. They could be self-employed, facing credit challenges or under pressure to close quickly. Whatever the reason, their need for financing doesn’t go away. Many of these borrowers turn to private mortgage lenders. Author Introduction Let…
Lyndsay Ross
This page contains public Court documents regarding Lyndsay Elizabeth Ross, who has resided in Savona, Clinton and Chetwynd, British Columbia. She has worked for Highland Valley Copper and Conuma Resources. Lyndsay Ross borrowed $7,250 and did not pay it back. She was subsequently sued in Provincial Court. A Judgment was issued against her along with…
Grant Bansie
This page contains legal documents about Grant Bansie (Richmond, British Columbia). Grant Bansie borrowed $5,000 from Assadi Private Capital and did not repay it. He was sued in the BC Civil Resolution Tribunal and did not file a defence. The tribunal issued an Order against Bansie. BC Civil Resolution Dispute Number: SC-2023-006282 Order against Grant…
Assadi Private Capital Announces Completion of Financing on Ontario Waterfront Cottage
Calgary, Alberta — Assadi Private Capital, Inc. is pleased to announce the successful completion of a first-mortgage financing secured against a waterfront cottage property located in Vermilion Bay, Ontario. The financing was completed on a timely basis and is secured by a first-position mortgage over a well-maintained cottage situated on a waterfront lot in the…