Long Island Fix and Flip Lenders
Here at Delancey Street, we firmly believe that flipping houses is a worthwhile venture and that it can be profitable to our clients and to us. That’s why we’re a full on partner in these ventures. When you’re fixing a house, you need to have a fix and flip lender that truly believes in your enterprise and that’s going to give you all the funding you need to execute your plan. We accomplish this through “hard money” loans that are based on collateral/property. In this case, it’s the house you’re flipping.
During the approval stages, we’re going to look at the plan you have to flip a specific house or houses. The more detailed your vision is, the better able we’re able to see if you’re a good fit for our lending model. We’ve helped thousands of people achieve their dreams in life. Always remember that what we’re buying is your dream. That means you don’t have to have stellar credit or a high income for us to hand over the money to flip your house. All you need to do is construct a solid plan that will let us know you’re capable of accomplishing your dream. A big part of this is the way that you plan to repair the house. The “fix” is what must take place in order for you to successfully flip a house and sell it for substantially more than you bought it for.
If you’ve got some background in home repairs, it’s easy to see how you might be able to cheaply accomplish the work you’ll need to do in order to flip a house. For example, if you’re a plumber, you’re going to save tens of thousands of dollars in labor IF the house you’re going to buy has a plumbing issue that requires a lot of work. If you have a lot of design experience, you might convince a Long Island fix and flip lender that you’re going to be able to affordably design and add on new rooms to a house and substantially increase its value. It’s all about the obstacles you face and your plan to overcome them. If you’ve got a good plan, we’re likely going to get behind you and push you to succeed.
Call us Today
We love working with people who get things done. That’s one of our frequent mission statements. We love the do-ers, the people who are out here doing and not just talking. To get things started, though, we’re going to need to talk and see what you have in mind for your real estate venture. We work diligently with borrowers to learn more about their project, and get it funded ASAP.
Here at Delancey Street, we make investments in ideas, not in credit ratings or incomes. If you’re a person with a bold idea in the world of real estate, we’d love to sit down with you and discuss your plan to get things done.