The Self-Directed RRSP Mortgage can be utilized to:
Yes, it's true! You can purchase real estate and mortgage it yourself by using your RSP's.
Imagine making your monthly mortgage payment to yourself instead of to your bank!
Do not worry if you do not have enough in your RSP's to mortgage a property. You can pool your RSP with your spouse's RSP, and top off any funds needed with a partial bank mortgage.
Too good to be true?
Call me, I will be happy to share this best kept secret with you.
416 505 3040