We finance both the purchase and the rehab on Norwalk flips, sized on after-repair value, with draws that follow your actual construction schedule.
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Fix and Flip Loans in Norwalk
Norwalk grew quickly in the postwar boom, and most of its homes are single-story tracts from the 1950s on flat land in southeast Los Angeles County. The city is home to Cerritos College and the county’s registrar-recorder offices, and the Metro C Line ends here at the 105 Freeway.
The typical Norwalk flip is a small 1950s ranch house with an original floor plan, an older electrical panel and a single bathroom. Adding a bath, opening the kitchen or building an ADU can change the after-repair value. Comps are fairly consistent across the city’s tracts, which helps when budgeting. We fund purchase and rehab together.
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 Norwalk and the rest of Los Angeles County, including these areas.
Straight Answers
Adding a second bathroom, opening the kitchen or building an ADU can all move the after-repair value. Base the budget on comps from nearby tracts.
Yes. We’re a California-licensed direct lender headquartered in Glendale, and we underwrite Los Angeles County deals directly, including Norwalk, 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 Norwalk
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Get Started → or call (818) 937-9987Serving Norwalk 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.