A Private Cash-Out 2nd Mortgage,
Built Around Your San Diego Property.
A private cash-out 2nd mortgage lets San Diego property owners tap their equity for a business or investment purpose, without refinancing an existing first mortgage, subject to our underwriting. Headquartered in Glendale, we underwrite San Diego County deals directly.
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How It Works
Equity-Based, Not Credit-Score-Gated
Who It’s For
Homeowners and Investors
Plenty of private lenders won’t touch a primary residence. We lend on the home you live in when the loan has a business purpose, and on investment property too.
The San Diego Market
One City Name, Several Very Different Markets
San Diego stretches from coastal enclaves like La Jolla and Pacific Beach, to dense urban neighborhoods downtown and in North Park, to inland communities further from the coast. Property values and appraisal timelines vary significantly depending on which of those pockets a property sits in, and a countywide average tends to miss that.
We’re a California-licensed direct lender headquartered in Glendale, and we underwrite San Diego County deals directly rather than through an out-of-state call center. We look at your specific property and neighborhood, not a regional number.
Straight Answers
Questions San Diego Homeowners Ask
Do you actually work in San Diego, or is this a national call center?
We’re headquartered in Glendale and underwrite San Diego County deals directly — not through an out-of-state call center. The difference between a La Jolla coastal property and an inland North Park parcel matters to how a file gets structured. When our own capital isn’t the right fit, we place the file with a partner lender in our network.
San Diego covers a lot of ground, from the coast to inland neighborhoods — does that affect my equity position?
It can. LTV is driven by your property’s actual appraised equity, and San Diego County includes coastal, urban, and inland markets with very different comps. We evaluate your specific property and neighborhood rather than applying one countywide number.
What’s the catch?
There isn’t one, but there is a constraint worth being clear about: MDI makes business-purpose loans only. Proceeds have to be used for a business or investment purpose, not personal or household expenses, and a signed business-purpose statement is required at closing. If you need money for personal use, we’re not the right lender.
Do you check credit?
Yes. Credit history is one factor alongside your equity position, the property’s condition, and the exit strategy. Equity carries more weight here than at a bank, but any lender telling you credit is irrelevant is not being straight with you.
What are your rates and fees?
They vary by product and situation, and they’re disclosed in writing before any commitment. Private money costs more than a bank loan. That’s the trade for speed and flexibility. We’ll show you the real numbers before you decide anything.
What if I don’t qualify?
We’ll tell you quickly, and where we can we’ll point you toward what would actually help. If you’re facing foreclosure, free counseling is available from a HUD-approved housing counselor at hud.gov/findacounselor or (888) 995-HOPE.
The Process
What Happens Next
Have Equity in Your San Diego Property?
No cost to apply. We’ll show you the real numbers.
Start the Conversation → or call (818) 937-9987Locations: San Diego County, California
Michael Daniel Investments, Inc.
417 Arden Ave, Suite 121A, Glendale, CA 91203
California Department of Real Estate DRE# 02037255 and NMLS# 233991.