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  1. 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...
  2. 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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