We finance both the purchase and the rehab on Glendale flips, sized on after-repair value, with draws that follow your actual construction schedule.
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Fix and Flip Loans in Glendale
Glendale is where our office is, on Arden Avenue. Much of the city went up between the 1920s and the 1950s, with Spanish revival and Craftsman homes in Rossmoyne, Adams Hill and the Verdugo Woodlands, hillside streets climbing toward the Verdugos, and a fast-growing Downtown.
Glendale flips are frequently older homes that haven’t been updated in decades: a 1930s Spanish revival with original plumbing, or a hillside house with deferred work on walls and drainage. Those projects can be very good deals if the budget is honest. We size the loan on after-repair value and release rehab funds as the work gets done.
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 Glendale and the rest of Los Angeles County, including these areas.
Straight Answers
It can be, if the budget is honest. Original plumbing, wiring and deferred maintenance are common in homes that age. We fund the purchase and rehab together, sized on after-repair value.
Yes. We’re a California-licensed direct lender headquartered in Glendale, and we underwrite Los Angeles County deals directly, including Glendale, rather than routing them through 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 Glendale
Tell us about it and we’ll give you a straight answer.
Get Started → or call (818) 937-9987Serving Glendale 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.