We finance both the purchase and the rehab on Bellflower flips, sized on after-repair value, with draws that follow your actual construction schedule.
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Fix and Flip Loans in Bellflower
Bellflower was dairy and farm country before the postwar years filled it in with small houses on deep lots. Today the city mixes single-family homes, lots with two or more units and a large number of small apartment buildings, all on flat ground in southeast LA County between the 91 and 605 Freeways.
Bellflower flips are commonly postwar single-story houses with an aging back unit or a detached garage on a long lot. The back of the property can add a lot of value if it can be permitted, or it can drain the budget. Interiors usually need the standard set of updates for houses this age, and plumbing on deep lots can involve long sewer runs. We fund purchase and rehab on an after-repair value basis.
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 Bellflower and the rest of Los Angeles County, including these areas.
Straight Answers
It depends on whether it can be permitted. A legal rear unit can add a lot to the after-repair value. One that can’t be legalized becomes a demolition cost.
Yes. We’re a California-licensed direct lender headquartered in Glendale, and we underwrite Los Angeles County deals directly, including Bellflower, 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 Bellflower
Tell us about it and we’ll give you a straight answer.
Get Started → or call (818) 937-9987Serving Bellflower 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.