
When To Use CMHC Construction Financing
From The Canadian Real Estate Investor by Daniel Foch & Nick Hill
May 29, 2026 · 44 min · Episode 407
About this episode
Nick interviews Josh Findlay about financing Canadian real estate deals, focusing on CMHC MLI Select and market strategies.
Nick sits down with Josh Findlay, co-founder of BLD Financial, for a tactical deep-dive on financing Canadian real estate deals in today's market. They break down CMHC MLI Select (how the points work, why 95% isn't always 95%), compare CMHC construction financing vs. private-then-takeout strategies, and explore where bridge debt fits in. Josh explains why Edmonton remains one of the strongest MLI Select markets, the realities of underwriting in an elevated bond environment, and why young investors are racing to acquire assets. Practical advice for anyone scaling from small multifamily into mid-market development. EDMONTON MULTIPLEX EVENT Try it NordVPN risk-free now with a 30-day money-back guarantee! Use our code "realestate" to get 4 extras months from a 2 years plan Exchange-Traded Funds (ETFs) | BMO Global Asset Management LISTEN AD FREE See omnystudio.com/listener for privacy information.
People in this episode
Host: Nick
Guest: Josh Findlay
Topics covered
- construction financing
- CMHC MLI Select
- real estate investing
- private financing strategies
- Edmonton real estate market
- underwriting
- young investors
Keywords
- CMHC
- construction financing
- real estate
- Edmonton
- investing
- multifamily
- mid-market development
- bridge debt
- underwriting
- young investors
Sponsors
NordVPN
Mentioned in this episode
Organizations: BLD Financial, CMHC, BMO Global Asset Management
Products: NordVPN, Exchange-Traded Funds (ETFs)
Places: Edmonton
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