Bakersfield Private Money Lenders

We empower entrepreneurs, real estate investors, and businesses of all sizes challenge the status quo. We take risks on the go-getters, and do’ers – who have an opportunity and need a partner.At Delancey Street, we invest in people and their ideas – not abstract concepts like credit scores, or other financial metrics. Tell us about your idea, let’s discuss your opportunity

High LTV

We fund loans up to 80-90% LTV with no issues.

Fast

We promise to treat you like a partner.

No $ Limit

No limits on what we can do for you.

Recently Funded Projects

Residential Refinance
Residential Refinance

Residential refinance in Los Angeles, with a loan amount of $830k, at 75% LTV. We were able to help the investor get a loan at 8.99% with a balloon payment after 18 months.

Raised
$830,000
APR
8.99 %
ARV
75%
100% Funded!
Residential Investment
Residential Investment

Delancey Street funded a new residential purchase in California, for $1.2 million with 82% LTV. We helped the developer with a loan at 11% with a balloon payment in 9 months.

Raised
$1,200,000
APR
11 %
ARV
82%
100% Funded!
Residential Investment
Residential Investment

Property in New York was torn down, and redeveloped. We provided a 60% LTV loan for $700k. We charged no upfront fees, and had a balloon payment after 10 months.

Raised
700,000
APR
9.0 %
ARV
60%
100% Funded!

Hear from people we’ve helped

“Delancey Street makes lending easy. They took a chance on me when no one else would.”

- Leo kovacz

Industries We Service

Our team is always available, and ready to help

Our team of industry experts is ready to help with all of your business needs. Whether you’re looking for a reliable hard money lender, looking to go public via a reverse merger, or need private capital for a venture – we can help.

Industry Experts

Our team consists of extremely qualified industry experts

Quick Service

We work diligently, and quickly, to help you

We’re here to answer your
questions. Contact us anytime:

Bakersfield Private Money Loans

Delancey Street is a premier, and top rated, Bakersfield private money lender. We help you get funding for your next real estate transaction. Regardless of the size of the transaction, we can provide loans for residential and commercial transactions.

Reasons Why A Traditional Loan Might Not Work Out

There are plenty of reasons why a traditional loan might not be approved for your next Bakersfield investment property. Some of these reasons are as follows:

Your Finances Are Out Of Order – Mayne you don’t have the strongest balance sheet. Traditional lenders will look through your personal financial information if you come to them for a loan. This might be a reason why they deny your loan.

They Don’t Like The Property You Are Investing In – Some credit unions and banks will refuse to fund your property because of the type of property it is. Most traditional lenders will not fund real estate investment properties after the crash of 2008.

You Don’t Meet Their Qualifications – Banks have a lot of regulations when it comes to who they lend to and for what purposes. These regulations are often so complex and difficult to understand. Most banks will never lend to someone who is over-leveraged, and owes money on properties.

Bakersfield Private Money Leaders Can Help

Everyone wins when you borrow from a private lender. You get the cash you need to purchase the property that you have always wanted. At the same time, the private lender gets the interest on the loan that they desire.

Private money lenders care about one thing: getting their loan repaid. Most private money lenders will evaluate your project to see how/why it’ll succeed. They will ask you for a business plan, and ask you what you intend on doing. For example, if you are looking for a private money loan to do a “fix and flip,” be prepared to answers questions like: how many fix and flips have you done, how much money do you need, what are you going to use the money for, when do you plan on selling the property, how long will it take to sell the property and how much will it sell for.

How to guarantee you’ll get the private money loan you need

Guarantee is a taboo word, since there are no guarantees in business, but here are some ways to make sure you’ll get funding. It’s a good idea to get your ducks in a row before you approach a private money lender. Most lenders get numerous requests for funding each day, so it’s important you don’t waste anyones time.

1. Know what property you’re going to buy, before you approach a Bakersfield private money lender. Know the property, it’s purchase price, and what you’re going to do with it.

2. Have your financial in order, and have a budget created. Know how much money you plan on investing, how much money you’ll need to pay for fees/costs after you take ownership of the property. It’s important you know what you will do after you take ownership of the property. It’s important that know when you’ll sell it, how much you’ll sell it for, etc. If you don’t plan on selling the property, you should know how you’ll get funding to repay the private money loan you took.

What’s next

If you’re sure you need a private money loan, fill out our application. Contact us for a risk free evaluation of your project. We use artificial intelligence to help evaluate potential deals. Once we get your application we’ll discuss your project, get more information, and then offer terms for your next real estate transaction.

It’s Simple

  • 1 Tell us what you need
  • 2 We'll evaluate it
  • 3 We'll offer our terms

Get pre-qualified

  • We guarantee you funding
  • Risk free to you, no strings
Get pre-qualified today