Recently Funded: $1.04M Los Angeles Fix and Flip Loan in Long Beach

The Los Angeles County real estate market moves quickly. When an investor finds a property with strong renovation potential, waiting several weeks for a conventional lender to make a decision can mean losing the deal entirely.

That’s where private lending can provide an advantage.

Lantzman Lending’s fix and flip loan programs are designed specifically for real estate investors who need to acquire and renovate properties on timelines that traditional financing often cannot accommodate.

For this Long Beach transaction, we provided $1.04 million in financing — approximately 80% of the $1.295 million acquisition price — and closed in just 10 days.

That allowed the borrower to move quickly from acquisition into construction rather than spending valuable time waiting for financing.

Why Los Angeles Real Estate Investors Work With Lantzman Lending

Successful flipping is largely about execution: buying correctly, controlling renovation costs, completing construction efficiently, and selling into the right market.

Your lender shouldn’t be the part of the transaction slowing you down.

As a direct private lender, Lantzman Lending provides investors with direct access to the people making the lending decisions. Our goal is to make financing one of the most predictable parts of the project.

Fast Approvals and Closings

We understand that investors often need to compete against cash buyers. Our streamlined underwriting process allows us to make decisions quickly and close transactions on aggressive timelines.

This Long Beach loan went from application to funding in 10 days.

No Traditional Appraisal Required

For many of our fix and flip loans, we can perform an expedited in-house property valuation instead of waiting for a traditional third-party appraisal.

That can eliminate one of the biggest bottlenecks in the lending process and help investors get to the closing table faster.

High-Leverage Fix and Flip Financing

Qualified borrowers may be eligible for financing of up to 90% of loan-to-cost and 100% of eligible renovation costs, subject to the overall loan structure, ARV, borrower qualifications, and property.

That allows investors to preserve more of their own capital for construction, carrying costs, additional acquisitions, and unexpected project expenses.

100% Rehab Financing Available

Renovation capital is often just as important as acquisition financing. Our programs can finance up to 100% of the approved rehab budget, allowing investors to structure acquisition and construction financing together.

Fast, In-House Construction Draws

Waiting days or weeks to get reimbursed for completed construction can disrupt a project’s cash flow and slow down contractors.

Lantzman Lending handles construction draws in-house, allowing us to keep the process efficient and get approved funds released quickly. We also do not charge traditional draw setup or inspection fees on our standard in-house fund control.

Interest Only on Funds Used

On applicable rehab loans, borrowers pay interest on construction funds as they are drawn rather than paying interest on the entire undisbursed renovation budget from day one.

For a project lasting several months, that can meaningfully reduce carrying costs.

No Prepayment Penalties

A successful flipper wants to renovate, sell, repay the loan, and move on to the next project.

Our standard fix and flip loans have no prepayment penalty, so borrowers aren’t penalized for completing a project ahead of schedule.

Common-Sense Underwriting

Real estate investment transactions don’t always fit neatly into a conventional lending box.

We evaluate the property, purchase price, renovation plan, projected after-repair value (ARV), borrower experience, reserves, and overall strength of the transaction rather than relying solely on traditional income documentation.

That flexibility allows us to finance deals that may make economic sense even when they don’t fit conventional bank underwriting guidelines.

Local Experience With Los Angeles Hard Money Loans

Los Angeles County isn’t one uniform real estate market. Long Beach, Pasadena, the South Bay, West Los Angeles, the San Fernando Valley, and other submarkets can have dramatically different property values, buyer profiles, renovation expectations, and investment opportunities.

Investors need a lender who understands those differences.

Lantzman Lending has been financing California real estate investors since 1990 and provides hard money financing throughout Los Angeles County.

Learn more about our Los Angeles hard money loans and how we finance acquisitions, renovations, bridge transactions, and other investment-property opportunities throughout the region.

Is Long Beach Still a Good Market for Fix and Flip Investors?

Long Beach continues to offer an interesting combination of strong Southern California housing demand, established neighborhoods, older housing stock, and properties where thoughtful renovation can create significant value.

For fix and flip investors, however, the opportunity isn’t simply about buying any property and renovating it. The spread between acquisition cost, renovation budget, carrying costs, and realistic after-repair value ultimately determines whether a project makes sense.

This transaction illustrates the potential.

The investor acquired the property for $1.295 million, executed a renovation that respected the home’s Craftsman character while modernizing it for today’s buyer, and ultimately sold it for $1.665 million approximately four months later.

That doesn’t mean every project will generate the same result. It does demonstrate that buyers can be willing to pay a substantial premium for a well-located property when the renovation, design, and execution are done correctly.

Financing Your Next Los Angeles Fix and Flip

Whether you’re pursuing a Craftsman renovation in Long Beach, a value-add property elsewhere in Los Angeles County, or another California investment opportunity, access to reliable capital can make the difference between winning the deal and missing it.

Lantzman Lending provides fix and flip financing designed around the needs of real estate investors — including fast approvals, high leverage, flexible underwriting, rehab financing, efficient construction draws, and the ability to close quickly.

Have a Los Angeles fix and flip you’re ready to move on?

Send us the property address, purchase price, renovation budget, and estimated ARV. Our team can quickly review the project and provide financing options for your next investment.

 

 

Interested in Breaking into the Los Angeles, CA Flip Market?

 

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(858)720-0229