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Leveraging Your RRSP to Investing in Real Estate Anywhere In The World With SeaPort Credit


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In this episode, Scott sits down with Jeremy Friedberg, Corporate Director of Seaport Credit Canada, to discuss how Canadians can leverage their retirement funds for international real estate investments. Jeremy shares his journey from Ontario to Mexico and explains how Seaport Credit helps Canadians access their retirement funds for global investment opportunities.

Key Timestamps:
[0:00] Introduction and Guest Background
- Jeremy's journey from Richmond Hill to Cancun
- Transition from resort real estate to Seaport Credit
- Background in international business

[5:30] 💼 Understanding Seaport Credit's Services
- Explanation of Canadian International Real Estate Loan (CIRL)
- Qualification criteria for potential borrowers
- Process of accessing retirement funds

[10:15] 📊 Financial Breakdown
- 6% loan interest rate
- 4% targeted return through SVF Trust
- Effective cost of 2% after first year
- Detailed fee structure explanation

[15:45] 🏠 Investment Applications
- Global investment opportunities
- Property renovation options
- Solar panel investments
- Multiple loan possibilities

[20:30] 💡 Investment Examples and Success Stories
- Apartment complex renovations
- International property improvements
- Solar panel installations
- Multiple loan case studies

Key Concepts Covered:

CIRL Loan Qualification Requirements:
- $100,000 annual income (individual or combined with spouse)
- OR $400,000 in combined net assets
- Must be a qualified Canadian

Loan Process and Structure:
- 20-year term
- No prepayment penalties
- 6% interest rate
- 4% targeted return through SVF Trust
- Net effective cost of approximately 2% after first year

Investment Options:
- Pre-construction properties
- Finished homes
- Land
- Renovations
- Commercial properties
- Vacation ownership
- Sustainable improvements (solar panels)

Important Financial Considerations:
- All costs rolled into the loan
- No upfront fees required
- Insurance requirements
- Exchange rate considerations
- Processing timeframe (approximately 6 weeks)

Real World Applications:
- Property renovations and improvements
- Solar panel installations for energy cost reduction
- Multiple property investments
- Global real estate opportunities

Resources Mentioned:
- Seaport Credit: seaportcredit.com
- SVF Trust: svftrust.com
- Turnian Financial (Exempt Market Dealer)

Important Note:
*Jeremy emphasizes that while Seaport Credit provides the loan structure, specific investment decisions should be made in consultation with qualified financial advisors. The information provided is for educational purposes only.*

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The Wisdom, Lifestyle, Money, ShowBy Scott Dillingham