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Investment Picks of the Week Newsletter

Each week our Network of Investment-Focused Realtors search every MLS Listing, Local Off Market Deals, and Exclusive Opportunities in Every Market!

For this week’s picks we turned our focus to Summertime Opportunities by the Lake:

FEATURED
Investment Picks of the Week

LIFESTYLE AND STR INVESTMENT OPPORTUNITY!

Lifestyle opportunity

Why we like this deal:

  • Cash Flow Positive!
  • Turnkey: Ready for immediate occupancy or rental, with no additional setup required.
  • Waterfront View: Stunning views that enhance the appeal and rental potential.
  • Multiple Accommodations: Three separate living bunkies with heat and hydro, perfect for additional guest accommodations or rental opportunities.

DUPLEX OPPORTUNITY NESTLED IN BEACH TOWN

Lifestyle opportunity

Why we like this deal: 

  • Turnkey: Move-in ready, ideal for immediate occupancy or rental.
  • Prime Location: Walking distance to the beach, enhancing lifestyle and rental appeal.
  • Versatile Living Spaces: Two two-bedroom units with separate utilities and private patios.
  • Redevelopment Potential: Opportunity to redevelop the property entirely for higher returns.

In Case You Missed It

RECENTLY FEATURED
Deals of the Week

CMHC MLI SELECT – CASH FLOWING 6 UNIT! 

New-construction opportunity

Why we like this deal:

  • Brand new construction   
  • Purchase with as little as 5% down!
  • Builder’s new home warranty 
  • 2 sites left available! 

Exciting Changes in CMHC’s Multi-Unit Mortgage Loan Insurance Program

Nadeem Keshavjee, Founder and President of GreenBirch Capital, highlights pivotal updates from the Canada Mortgage and Housing Corporation (CMHC) that promise new opportunities for real estate investors.

Key Updates:

Refinance Flexibility: As of June 4, restrictions on refinance proceeds are lifted, allowing greater flexibility and potential for increased profit margins through property improvements and capital flow.
 
Energy Efficiency Scoring Adjustments: Starting June 19, only projects with affordability components will score maximum benefits under the MLI Select program.
 
Extended Amortizations: Effective June 19, new construction projects under the MLI Standard (Market) Program can enjoy up to 50 years of amortization, reducing mortgage payments and enhancing leverage.
 
New Rules for Correspondent Program: From September 3, the CMHC lender will have to be selected prior to applying to CMHC, ensuring a streamlined and efficient process.
 

Investor Takeaway: These changes present significant opportunities for optimizing refinancing strategies, leveraging new construction projects, and capitalizing on streamlined loan processes. Stay informed and ready to act to maximize your investment returns!

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Not intended to solicit buyers already under contract. With all real estate investments, the Buyer should perform their own due diligence. All statements are not guarantees of future performance and undue reliance should not be placed on them. Any details and projections contained here are for informational purposes only.*

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