Three Income Sources and CMHC Financing: Is This the Perfect Mixed Use Deal?

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REI Hot Seat

Dave Hulshof, Jacob Campagnaro, and Zac Willms

153 episodes

1 week ago

REI Hot Seat with Dave Hulshof, Jacob Campagnaro, and Zac Willms is a channel dedicated to breaking down real-life real estate deals and uncovering what truly makes a good investment. With decades of combined experience in multifamily and commercial real estate, the trio dives deep into deal analysis, market insights, and investment strategies. Episodes also feature special guests from across the industry, sharing their expertise and lessons learned from the field.

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REI Hot Seat with Dave Hulshof, Jacob Campagnaro, and Zac Willms is a channel dedicated to breaking down real-life real estate deals and uncovering what truly makes a good investment. With decades of combined experience in multifamily and commercial real estate, the trio dives deep into deal analysis, market insights, and investment strategies. Episodes also feature special guests from across the industry, sharing their expertise and lessons learned from the field.

Show more...

Entrepreneurship

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Three Income Sources and CMHC Financing: Is This the Perfect Mixed Use Deal?

REI Hot Seat

17 minutes 11 seconds

3 weeks ago

Three Income Sources and CMHC Financing: Is This the Perfect Mixed Use Deal?

In Episode 146 of the REI Hot Seat, Dave and Jake break down a mixed use waterfront asset in the Kawartha Lakes area featuring a staple commercial tenant the public library a boutique café with optionality six residential units with strong lift and a public coin operated laundromat that produces real cash flow. They walk through how CMHC looks at mixed use deals, how to treat public laundry for financing, what the numbers look like today versus the future loft and development potential, and which type of investor is best suited for this asset. If you are a multifamily investor curious about stepping into commercial and small business income while still being secured by strong real estate fundamentals, this episode is for you.They also dig into the details of cap rates, LTV, DCR, and CMHC options, discuss the reality of lending limits on the commercial versus residential components, and explore creative structures such as vendor take backs, cash back for renovations, and converting the café into a residential unit. To wrap it up they talk buyer profile, property management in secondary and tertiary markets, and why this deal is likely to stay off MLS and instead be shared through their Deals of the Week and Insiders list.Sign up to the REI Hot Seat Insider: ⁠https://www.jotform.com/form/241655418022249REI Hot Seat Instagram: https://www.instagram.com/reihotseat/

David Hulshof Instagram: https://www.instagram.com/davehulshof.realestate/

Jacob Campagnaro Instagram: https://www.instagram.com/jacob_campagnaro/

EP 146 - Three Income Sources and CMHC Financing: Is This the Perfect Mixed Use Deal?

0:05 Episode intro

0:40 Property overview and tenant mix

1:38 Coin op laundry income

3:01 Cap rate pricing and rent lift

4:44 Café status and conversion potential

7:01 CMHC rules for mixed use

8:20 Financing LTV DSCR and structure

12:09 Ideal buyer profile

15:49 Property management and off market access

16:00 How to join the Insiders List

DISCLAIMER: THIS EPISODE, AS WITH EVERY EPISODE OF THIS SHOW, SHOULD NOT BE CONSIDERED AS ADVICE. INVESTMENT ADVICE IS NEVER GIVEN ON THIS SHOW. ALWAYS CONSULT A COMPETENT INVESTMENT ADVISOR BEFORE MAKING AN INVESTMENT DECISION.