RRSP First Time Home Buyer Strategy | Increase your down payment by $9,000!

In this video we talk about the RRSP First Time Home Buyer Strategy utilizing the Home Buyer Plan. There are 2 main advantages that First Time Home Buyers in Canada can take advantage of when they purchase a home: 1) Home Buyers Plan (https://youtu.be/WRgF-usa5-M) 2) Home Buyers Incentive (https://youtu.be/JD1jBLEy75A) I created another video with a more complicated case study, you can watch that here: https://youtu.be/GLwqZ4MLgXo Do you know the difference between an RSP or TFSA? Watch this video: https://youtu.be/YBe5ZPLvmD8 You can learn more about the Home Buyers Incentive in this video: It's important to know what options you have and what programs are available to you when you buy a home. For the RSP First Time Home Buyer strategy, it's important to plan early to utilize this strategy. If you want to know how much you qualify for, I have a couple of mortgage payment calculators that you can find on my website: https://mymortgagebroker.com/calculators You can also read about the Home Buyers Incentive here: