Anybody ever purchased land through some mortgage syndicates or MICs? I purchased about 5K to Canadian Horizons to develop some land in BC Sooke in 2008 along with other investors. They were going to develop the land, hold it, and hopefully sell for more then initial cost. Now in 2021, they sold it and I still lost about 2%. So in 15 years , didn't make one dime. This is land investing? I think this project was managed by Carevest ? Not a total lost, but not exactly what I envisioned. Do you have any success stories about such RE investing? I curious to know who has success with such schemes?