How to Buy Your First House in Canada in 2025 with Dan Patton & Mike Desormeaux

Thinking about buying your first home in 2025? Whether it’s your own place, a rental property, or a house hack, this episode shows you exactly how to make it happen in today’s Canadian market. Rock Star coach Mike Desormeaux and BM Select mortgage expert Dan Patton break down the First Home Savings Account and RRSP Home Buyers’ Plan, what lenders actually look for when approving mortgages, and the most common ways Canadians are coming up with down payments through co-signers, gifted equity, and creative financing. They share their take on fixed versus variable rates, how to qualify with house hacking, why real estate in Canada continues to build wealth, and what kind of returns you can realistically expect. You’ll also hear their candid outlook on the market and predictions for the year ahead. If you want a clear, no-fluff roadmap for getting into the market in 2025, this episode delivers.