We help real estate investors get hard money/private money loans for their next project. Money and finances should never be the obstacle that stops you from succeeding. We regularly help 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 – and how we can help you capitalize on it. For years, our team members have been helping people capitalize on opportunities using hard money loans, private loans, reverse mergers, other financial vehicles.
We fund loans up to 80-90% LTV. We look at the value of your property, and your overall business plan when deciding whether to fund you.
We realize deals can disappear if you don't have fast funding. We promise to treat you like a partner, and work fast to help you get funding.
We're a growth focused private money lender. That means we work fast to fund your deal, and there's no limits on what we can do for you.
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.
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.
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Fix and flip loans help real estate investors finance the purchase, and renovation, of a property so that it can be flipped for a profit. Delancey Street can help provide fix and flip loans all across the USA for real estate investors. We have immense experience, and have funded over $100 million in fix and flip loans.
We offer fix and flip loans with rates starting at 7%. You can get funding in as little as 7 days, and there’s no prepayment penalty.
Hard Money Loans – This is best for experienced investors who’ve done fix and flip loans already.
Cash Out Refinance Loans – Great for investors who have a property with 30-40% equity in it.
Home Equity Line of Credit – Good for investors who have an owner-occupied residence with over 30-40% home equity.
Investment Property Line of Credit – Investors who have equity in their rental property, and want to get cash out of it to rehab a current property, or to buy a new property.
Bridge Loan – Good for investors looking to purchase a property quickly without having to sell another one first.
Bank Loan – Good for investors looking to buy and hold properties.
These are the stereotypical hard money loans, which are short term loans that have been secured by real estate. These loans are used to purchase and then renovate a property. Investors usually will use a hard money loan in order to purchase, renovate, and then sell a property in 1 year. They are ideal for fix and flippers since these types of lenders finance properties in poor condition.
Hard money loans have lower qualifications for approval than traditional banks. They help fix and flip investors get funding in 7-15 days. They are ideal for novice, and experienced investors alike. Hard money lenders care more about the property and it’s potential value than who the borrower is.
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