Make a Fortune With Your RRSP's!
Earn 12-15% (or more) with your RRSP’s!
Yes, this is completely legal, secure AND tax free. Using RRSP funds for private mortgages is a relatively unknown option in Canada, but believe me, those who are doing it (like me) are reaping the benefits.
RRSP holders can transfer their funds – tax free – to CRA-designated institutions who will then lend those funds as secured mortgages in the Canadian real estate market. Rates, upfront fees, pre-payment penalties, etc. are all dictated by the fund holder and can be substantial.
And the kicker? All interest earned through these methods remain under the RRSP umbrella and hence, are TAX FREE.