Fix and Flip Loans in Pomona
Purchase + Rehab Financing for Investors.
We finance both the purchase and the rehab on Pomona flips, sized on after-repair value, with draws that follow your actual construction schedule.
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Fix and Flip Loans in Pomona
What to Know About Pomona
Pomona, at the eastern end of Los Angeles County, has some of the oldest housing in the region, with Victorian and Craftsman homes in Lincoln Park and Wilton Heights near downtown. Phillips Ranch and the Ganesha Hills add later hillside neighborhoods, and the city is home to Cal Poly Pomona and the Fairplex.
An old Pomona house can be a great buy and a hard project at the same time. Homes from the early 1900s often have knob and tube wiring, raised foundations that need attention and plumbing that has been patched for decades. In the historic districts, original details on the front of the house usually need to be kept. We fund purchase and rehab and size the loan on after-repair value.
How It Works
Fix & Flip Loan Terms
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
Pomona Neighborhoods
We lend throughout Pomona and the rest of Los Angeles County, including these areas.
Straight Answers
Fix and Flip Loans in Pomona: Questions
Is knob and tube wiring common in old Pomona houses?
It turns up regularly in homes from the early 1900s. Budget for a rewire along with plumbing and foundation work if the inspection points that way.
Do you lend in Pomona?
Yes. We’re a California-licensed direct lender headquartered in Glendale, and we underwrite Los Angeles County deals directly, including Pomona, rather than routing them through an out-of-state call center.
How is the loan sized?
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 Pomona
Fix and Flip Loans Elsewhere in Los Angeles County
Have a Flip Lined Up in Pomona?
Tell us about it and we’ll give you a straight answer.
Get Started → or call (818) 937-9987Serving Pomona 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.