Learn to underwrite, finance, and structure CMHC MLI Select multiplex deals the way developers actually run them — with the Deal Lab, the calculator of record, in your hands the whole way.
Every deal starts with a marketed pro-forma that assumes market rents as current. This program teaches you to find the honest number — and prove it — on any property.
The interactive underwriting tool that is the calculator of record — you build a real deal, one decision at a time, with every number labelled verified, assumed, or open.
Orientation → Underwriting → Financing → Acquisitions → Capstone. Every module produces a piece of a sample MLI Select submission package — built for review with licensed professionals.
The worksheet you fill as you go — rent comps, expense build-up, the audit trail a lender actually reads.
Two fictional teaching files — a value-add acquisition and a ground-up build — the same disciplined process on both.
You don't watch someone underwrite — you underwrite. Load a working file, make one call at a time, and watch value, loan, and cash-to-close recompute live. Show anyone exactly what you assumed and what still has to be proven.
How the money and the rules actually work — and your toolkit.
A rent roll becomes a defensible NOI, valuation, DCR, and sensitivity.
Conventional first, then CMHC MLI Select — both machines, and the constraint that governs.
Offer → due diligence → renovation underwriting → stabilization → refinance.
Assemble the full submission package and defend it against a reviewer.
Tuition & delivery. Tuition is CA$1,997, one-time, plus applicable tax calculated at checkout. Your personal access code is emailed to you within minutes of payment. Enrolment includes lifetime access to the course, the Deal Lab, all worksheets, and future updates. A modern web browser and internet connection are required.
Withdrawal. Enrolment may be withdrawn within 14 days of purchase by written request from the enrolment email. Withdrawals are refunded less a CA$250 administration fee. Course access is deactivated on withdrawal. No withdrawals after 14 days; one withdrawal per student. Access codes that have been shared are ineligible for withdrawal.
Contact. MBL Developments · education@mbldevelopments.com