Fix and Flip Loans in Monterey Park
Purchase + Rehab Financing for Investors.
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We finance both the purchase and the rehab on Monterey Park flips, sized on after-repair value, with draws that follow your actual construction schedule.
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Fix and Flip Loans in Monterey Park
What to Know About Monterey Park
Monterey Park sits in rolling hills just east of Los Angeles, between the 10 and 60 Freeways, and is widely known as one of the first suburbs to become a major center of Chinese American life. Older homes on the flatter streets date to the 1920s through the 1940s, while hillside neighborhoods like the Monterey Highlands filled in after the war.
Monterey Park flips split between older flatland houses needing system upgrades and 1950s and 1960s hillside homes with dated interiors and views worth paying for. On the hillside houses, check foundations, decks and drainage carefully. Comps should match the hill or flat setting of your house, since the two price differently. We finance purchase and rehab, sized on after-repair value.
How It Works
Fix & Flip Loan Terms
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
Monterey Park Neighborhoods
We lend throughout Monterey Park and the rest of Los Angeles County, including these areas.
Straight Answers
Fix and Flip Loans in Monterey Park: Questions
Should I compare a Monterey Park hillside flip to flatland sales?
No. Hillside homes with views and flatland homes tend to price differently, so pull comps from the same setting.
Do you lend in Monterey Park?
Yes. We’re a California-licensed direct lender headquartered in Glendale, and we underwrite Los Angeles County deals directly, including Monterey Park, rather than handing them to an out-of-state call center.
How is the loan sized?
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 Monterey Park
Fix and Flip Loans Elsewhere in Los Angeles County
Have a Flip Lined Up in Monterey Park?
Tell us about it and we’ll give you a straight answer.
Get Started → or call (818) 937-9987Serving Monterey Park 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.