We finance both the purchase and the rehab on Long Beach flips, sized on after-repair value, with draws that follow your actual construction schedule.
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Fix and Flip Loans in Long Beach
Much of Long Beach was built before 1950. Craftsman and Spanish-style homes fill Bixby Knolls, California Heights and Wrigley, while neighborhoods closer to Downtown and the water have a large share of duplexes, triplexes and courtyard buildings.
Long Beach flips often start with an older home that needs more than paint: original sewer laterals, galvanized plumbing, settling foundations or outdated electrical. Those are common in pre-war housing and they show up on inspection reports. We fund the purchase and the rehab together, sized on after-repair value, with draws that follow the actual work.
How It Works
Rates shown are the interest rate range. Points, fees and the final rate depend on the deal and are disclosed in writing before you commit.
Where We Lend
We lend throughout Long Beach and the rest of Los Angeles County, including these areas.
Straight Answers
It’s wise to. Older clay or cast-iron laterals are a common inspection finding in pre-1950 housing. Put it in the rehab budget up front so the loan is sized to cover it.
Yes. We’re a California-licensed direct lender headquartered in Glendale, and we underwrite Los Angeles County deals directly, including Long Beach, rather than routing them through an out-of-state call center.
On the after-repair value of the property, using conservative comps and your rehab budget. One loan covers the purchase and the renovation.
More in Long Beach
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Get Started → or call (818) 937-9987Serving Long Beach and Los Angeles County, California
Michael Daniel Investments, Inc.
417 Arden Ave, Suite 121A, Glendale, CA 91203 · (818) 937-9987
California Department of Real Estate DRE# 02037255 and NMLS# 233991.