Becoming the bank is easier than you think.
You lend us your money, we will secure your money as an additional mortgage on our properties and we will pay you a long term on-going payment.
Registered lending allows people to lend through a saving plan that is registered and recognized through the Canadian Government. When executed properly, the reteaval of the funds from the savings plan is typically tax free.
The good thing is that there are multiple tools you can use to be eligible for this program, such as (and not limited to):
Investing with the REIPS team gives you the following advantages: