We finance both the purchase and the rehab on Newport Beach flips, sized on after-repair value, with draws that follow your actual construction schedule.
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Fix and Flip Loans in Newport Beach
Newport Beach has some of the highest property values in Southern California, from the islands and the Balboa Peninsula to Corona del Mar and the bluffs. Much of the city sits in the coastal zone, and some waterfront areas are in flood zones.
Newport Beach flips run at high price points and narrow margins for error, so the rehab budget and comps have to be precise. Dated homes in Newport Heights, Eastbluff and Corona del Mar are common targets. We fund 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 Newport Beach and the rest of Orange County, including these areas.
Straight Answers
Yes, within our $50K to $5M+ range. At these price points, the budget and comps need to be precise.
Yes. We’re a California-licensed direct lender headquartered in Glendale, and we underwrite Orange County deals directly, including Newport 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 Newport Beach
Tell us about it and we’ll give you a straight answer.
Get Started → or call (818) 937-9987Serving Newport Beach and Orange 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.