I was talking with David Franklin at the last REIN event in Toronto and he mentioned using self-directed RRSP funds to invest in mortgages. I would like some more information on how to go about doing so. Right now we have our funds being directed by our financial adviser.

Just this morning another REIN member remind me about a really good book that I would recommend that you take a look. The is "The RRSP Secret" from Greg Habstritt

I am curious about using self directed rrsp to fund my own mortgage, so it would not be "arms length".

Does anyone know of an institution I could contact? Everyone I have reached out to only does arm ms length

OlympiaTrust does non-arms length mortgages. They have to be CMHC insured and at market rates. In the current low interest rate environment first mortgages have very low interest rates and second mortgages are tough to impossible to insure if non-arms length. As such, a good idea in theory but not in practice.

Learn to invest your RRSP money independent of your own active real estate deals or your own home. You can withdraw RRSP money for your first home under the home buyer plan ( we did that almost 25 years ago ) and it is the only useful idea for RRSP money for your own home.

As to lending to yourself: not a good idea.

ThomasBeyer said:

Learn to invest your rrsp money independent of your own active real estate deals or your own home. You can withdraw rrsp money for your first home under the home buyer plan ( we did that almost 25 years ago ) and it the only useful idea for rrsp money for your own home. As to lending to yourself: not a good idea.

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Ahhhh... yes!