TMG HarbourTown Mortgage
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DEAL SCENARIOS

Three Refinances, a Commercial Purchase, One Plan

Clients carrying significant debt and short on cash wanted to buy a complex multi-unit property. The capital they needed was not sitting in the bank, it was locked in three properties they already owned. Here is how one coordinated plan turned that equity into a debt payoff, a down payment, and room to keep buying.

THE SITUATION

They found a complex multi-unit property to buy, but were carrying significant debt and had little cash for a down payment. What they did have was equity in three properties they already owned.

THE COMPLICATION

The purchase needed commercial financing, the cash had to come from residential refinances, and the existing debt had to clear along the way. Split across separate lenders or brokers, a deal this layered stalls in the handoffs.

How the Plan Came Together

  1. Map the Whole Picture. One team mapped it end to end first: what the commercial purchase required, and how much the three existing properties could responsibly support.
  2. Refinance to Maximum LTV. The three owned properties were refinanced to their maximum allowable loan-to-value (LTV, the share of a property's value a lender will finance), timed to run together.
  3. Clear the Debt, Free the Down Payment. The funds first paid off the outstanding debt, which strengthened the file, and the remaining equity became the down payment for the multi-unit purchase.
  4. Place the Commercial Side. In parallel, the multi-unit buildings were financed on the commercial side, with the down payment plan documented for the lender from day one.
  5. Close Together, Room to Grow. The refinances and the purchase closed within days of each other, and the plan was sized so there was still capacity to buy more small multi-unit properties in the months that followed.

Why One Team Matters

One Credit Pull, One Ask

Three refinances and a commercial purchase ran on a single credit check and one document request, not five separate files.

Three Brokers, One File

Residential and commercial specialists each worked their own piece while the plan stayed coordinated under one roof.

Structured to Keep Going

We mapped the acquisition path with them and pointed them to their lawyer and accountant on company setup and the purchase agreement, so the structure supported the next purchase too.

A deal this layered did not just close. It set up what came next. With the structure mapped up front, the clients had room to keep buying small multi-unit properties in the months that followed.
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Have a Deal With a Lot of Moving Parts?

If your plan, or your client's, depends on making existing properties work harder across more than one deal, talk it through with a team that runs residential and commercial together.

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(902) 835-6420  |  contact@tmgharbourtown.ca

Every situation is different. A structure like this depends on available equity, qualification on each refinance, lender review and approval on every piece, and the maximum loan-to-value each lender will allow. We arrange financing; company setup, tax, and purchase-agreement terms are matters for your lawyer and accountant. This scenario shows how we think, not a promised outcome. Information here is general and educational, not financial, legal, or lending advice, and not an offer of financing.