Non Recourse/ Private lending/ Arms length Mortgages
Hello everyone. I'm interested in lending money out using a self directed RRSP or TFSA account (I'm Canadian). They are called Arms length mortgages in Canada. I was wondering if anyone has done this before and can offer any advice on how to get started. I've read that a good way to get started is to contact some Mortgage brokers who like to partner with people using this strategy. If anyone has any experience on either end of a transaction like this i would be interested in hearing from you. Thank you. :)