We finance both the purchase and the rehab on Cypress flips, sized on after-repair value, with draws that follow your actual construction schedule.
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Fix and Flip Loans in Cypress
Cypress began as dairy country and incorporated in 1956 as Dairy City before changing its name the next year. Today it is flat and mostly single-family, with tracts from the 1950s through the 1970s, Cypress College, and Los Alamitos Race Course, which sits inside Cypress despite its name.
Expect a Cypress flip to be a single-story house that still has original aluminum windows, an older panel and a kitchen walled off from the family room. Family buyers make up much of this market, and they compare finished homes closely. Scope the sewer line before closing. The purchase and the rehab go into one loan, measured against 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 Cypress and the rest of Orange County, including these areas.
Straight Answers
The sewer line and the electrical panel are two of the most common surprises in houses this age. Know what you’re facing before you set the rehab budget, and we’ll size the loan on after-repair value.
Yes. We’re a California-licensed direct lender headquartered in Glendale, and we underwrite Orange County deals directly, including Cypress, rather than handing them to 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 Cypress
Tell us about it and we’ll give you a straight answer.
Get Started → or call (818) 937-9987Serving Cypress 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.