Fix and Flip Loans in Redondo Beach
Purchase + Rehab Financing for Investors.
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We finance both the purchase and the rehab on Redondo Beach flips, sized on after-repair value, with draws that follow your actual construction schedule.
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Fix and Flip Loans in Redondo Beach
What to Know About Redondo Beach
Redondo Beach is a South Bay beach city with King Harbor and the pier on its waterfront and Riviera Village at its southern end. North Redondo, the larger and flatter half of town, has many postwar lots that have been rebuilt as side-by-side townhomes, while South Redondo and Golden Hills climb toward the Palos Verdes hills.
The typical Redondo flip is an older South Redondo cottage or a North Redondo townhome that hasn’t been touched in a long while. Salt air wears on windows, railings and exterior finishes faster than it does inland, so those items deserve a close look at inspection. Townhomes may also come with an HOA that has its own approval process for exterior changes. The loan covers purchase and rehab, sized 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
Redondo Beach Neighborhoods
We lend throughout Redondo Beach and the rest of Los Angeles County, including these areas.
Straight Answers
Fix and Flip Loans in Redondo Beach: Questions
What does the salt air do to an older Redondo Beach house?
It wears on windows, railings, metal fixtures and exterior paint faster than inland. Look at those carefully during inspection and include them in the rehab budget.
Do you lend in Redondo Beach?
Yes. We’re a California-licensed direct lender headquartered in Glendale, and we underwrite Los Angeles County deals directly, including Redondo Beach, rather than handing them to 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 Redondo Beach
Fix and Flip Loans Elsewhere in Los Angeles County
Have a Flip Lined Up in Redondo Beach?
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Get Started → or call (818) 937-9987Serving Redondo Beach 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.