How fast can MDI give me an answer?

You get a straight answer within 24 hours of your inquiry. If the deal fits, we tell you the numbers. If it doesn't, we tell you that too, and why.

First position cash-out starts at 10.5% in California. Second position behind an existing first runs 12.99% to 14%. All terms depend on underwriting and are disclosed in writing before any commitment.

Michael Daniel Investments

Cash Out

Q: What does business-purpose only mean?

Funds must be used for a business or investment purpose, and every borrower signs a business-purpose statement. MDI does not make consumer-purpose loans.

MDIMichael Daniel Investments · Private Lending

Speak with the lender(818) 937-9987
Get My Numbers

California Private Money · 1sts & 2nds

Borrow against your equity. Keep your first mortgage.

Private money first and second position loans on California real estate. Underwritten on equity, answered within 24 hours, funded by a direct lender with no committee.

1sts from 10.5%
2nds 12.99–14%
Up to 65% CLTV
Answer in 24 hrs

$100M+Projects & financing

DecadesPrivate lending

DirectLender, no committee

Get your numbers

Step 1 of 2 · about a minute · no obligation

Property type

Are you the owner of this property?

Occupancy

Estimated property value

Existing loan balance(s), all liens

How much do you need?

Purpose of funds

Timeline

Please answer every question so we can quote you accurately.

Name
Phone
Email

Name, valid phone, and valid email are required.

Received. You’ll hear from us within 24 hours.

Faster if you call: (818) 937-9987

Loan Parameters

The real numbers, up front.

1st position cash-out	10.5% – 11.5%
2nd position (behind your existing 1st)	12.99% – 14%
Combined loan-to-value	Up to 65% in California
Loan amounts	$50,000 – $100,000,000
Underwriting	Equity first, FICO second
Loan purpose	Business purpose only
Answer on your file	Within 24 hours

Current as of August 19, 2026. All terms subject to underwriting; points and fees disclosed in writing before any commitment.

Why Borrowers Come to MDI

Banks underwrite your tax returns. We underwrite the property.

Keep your low first mortgage

A private 2nd accesses your equity without refinancing away a first-mortgage rate you’ll never see again. Most hard money shops won’t write 2nds. We do.

Straight answers, fast

Yes or no with reasons, within 24 hours. No committees, no strung-out process, no wondering where your file sits.

Structured around the deal

Every situation is different. MDI builds the financing around the property and the plan in front of us, not a template.

Direct lender

You deal with the decision-maker. The person reading your deal is the person funding it.

Equity-driven underwriting

Credit events don’t automatically end the conversation. If the equity and the business purpose are real, we look for a structure that works.

Confidential

Your situation, your property, and your details stay between us.

How It Works

Three steps. No runaround.

Tell us about the property

The one-minute form above, or a phone call. Property, liens, amount needed, timeline.

Real numbers in 24 hours

We come back with rate, position, and proceeds, or a clear no with the reason why.

Docs and funding

If the numbers work for you, we move straight to documents and close.

The Lender

“The banks have their rules — we have our judgment. And our judgment has put over $100 million to work for property owners and investors who needed a different kind of lender.”

Michael Petrosian · Founder, Michael Daniel Investments

Michael Petrosian has spent decades in California real estate — analyzing deals, structuring financing, and finding solutions when conventional options don’t fit. MDI exists for property owners with real equity and a real plan who need a lender that reads the deal instead of a checklist.

Questions

Asked before, answered straight.

What is a hard money second mortgage?

A private loan secured by your property in second position, behind your existing first mortgage. You access equity without touching a low first-mortgage rate. MDI writes 2nds behind conventional firsts up to 65% combined loan-to-value in California.

How fast do I get an answer?

Within 24 hours of your inquiry. If it fits, you get the numbers. If it doesn’t, you get a clear no and the reason why — your time matters too.

Do I need perfect credit?

No. Underwriting weighs the property’s equity first and FICO second. The loan is structured around what’s actually in the property.

What does “business-purpose only” mean?

Loan proceeds must be used for a business or investment purpose, and every borrower signs a business-purpose statement. MDI does not make consumer-purpose loans.

What will this cost me?

First position runs 10.5–11.5% in California; second position 12.99–14%. Points and fees are disclosed in writing before any commitment, and the consultation costs nothing.

Is there any obligation to apply?

None. The form takes about a minute, the consultation is free, and the answer is yours to act on or not.