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  1. AlexShapo

    Stoney Creek -Hamilton Ontario

    You better do your research on that question. Check on Kijiji.
  2. AlexShapo

    First property: investment or for my family?

    Hello, I am currently renting apartment in Toronto and now I have two options: 1. Buy an investment property with 20% down far from Toronto 2. Buy a home for my family with 5% down somewhere close to Toronto My goal in the future is to buy investment properties, but I just not sure what would...
  3. AlexShapo

    RRSP loan for first time buyer

    Thanks Thomas, yes, in terms of cash flow I can afford it. I booked a meeting with another bank today, will see what they can tell me, if they allow it, I will apply for such loan.
  4. AlexShapo

    RRSP loan for first time buyer

    I was probably not clear there, I don't have any money on my RRSP account now, so I am going to take RRSP loan (https://www.tdcanadatrust.com/products-services/borrowing/loans-lines-of-credit/rsp-loan.jsp) - top up RRSP (I want to take $25,000), and after 3 month use them for downpayment. Is...
  5. AlexShapo

    RRSP loan for first time buyer

    Thanks for answers, but you both talking about taking RSP to use for downpayment, my question primary Get a RSP loan from bank , for example CarryForward RSP Loan take loan for 5-10 years which can be used later for downpayment. As I was told in bank I can't use it for downpayment until I pay...
  6. AlexShapo

    RRSP loan for first time buyer

    Hi, I heard than I can take RRSP loan and use it as part of downpayment, but when I asked RBC about such loan, they told me I can't use it for downpayment. Is it true? Does anybody have experience taking RSP loan and use it for downpayment for first house (first time buyer)? Is it some...
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