We finance both the purchase and the rehab on Downey flips, sized on after-repair value, with draws that follow your actual construction schedule.
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Fix and Flip Loans in Downey
Downey is a largely mid-century city in southeast Los Angeles County, with ranch homes from the 1940s through the 1960s and some notably large lots in North Downey. Its aerospace history, including the space shuttle program, is still part of the city’s identity.
Downey’s flip inventory is mostly 1950s ranch homes with original systems and floor plans. On the bigger lots, adding square footage or an ADU can change the numbers considerably. We finance the purchase and rehab together, sized on after-repair value.
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 Downey and the rest of Los Angeles County, including these areas.
Straight Answers
Usually more than cosmetic. 1950s homes often need electrical, plumbing and roofing along with interiors. Budget for it and we’ll size the loan accordingly.
Yes. We’re a California-licensed direct lender headquartered in Glendale, and we underwrite Los Angeles County deals directly, including Downey, 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 Downey
Tell us about it and we’ll give you a straight answer.
Get Started → or call (818) 937-9987Serving Downey 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.