We finance both the purchase and the rehab on Pasadena flips, sized on after-repair value, with draws that follow your actual construction schedule.
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Fix and Flip Loans in Pasadena
Pasadena has one of the strongest concentrations of historic housing in Southern California, including Bungalow Heaven’s Craftsman bungalows, larger homes in Madison Heights and along the Arroyo, and hillside properties in Linda Vista. Several neighborhoods are designated landmark or historic districts.
Craftsman and period homes in Pasadena can be strong flips, but in historic districts the exterior often has to be restored rather than replaced, which changes both the budget and the timeline. Done right, those restorations command a premium. We fund purchase and rehab together, sized on 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 Pasadena and the rest of Los Angeles County, including these areas.
Straight Answers
Yes, but exteriors usually need to be restored rather than replaced, which affects budget and timeline. Done well, those restorations sell at a premium.
Yes. We’re a California-licensed direct lender headquartered in Glendale, and we underwrite Los Angeles County deals directly, including Pasadena, 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 Pasadena
Tell us about it and we’ll give you a straight answer.
Get Started → or call (818) 937-9987Serving Pasadena 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.