Delancey Street is a premier, and top rated, New York fix and flip lender. We fund fix and flip investors in Stanislaus County with all sorts of residential and commercial fix and flip projects. Many people are talking about flipping houses because it’s profitable. Many have made an actual living out of it.
The fix and flip is a basic concept. An innovative entrepreneur wants to buy a cheap house or commercial building in New York not to live in it but to flip it. The sole purpose of purchasing this type of real estate is to “fix” it and then “flip it” for a profit. The concept itself is easy to grasp but unless you have a solid business plan and the backing of a good fix and flip lender, you’re going to run into a world of trouble. Delaney Street is a fix and flip lender that is here to help you make flipping houses profitable.
Fix and Flip Lender
We don’t look at credit rating or income brackets before we approve someone for a loan. We look at the obstacles they face, the plan they have to overcome those obstacles, and the ways our funding can help this person achieve their dream… and ours. We believe in big dreamers, and as we like to say, the do-ers. If you’re a do-er, someone who has a true plan to fix and flip a house, then we can help you achieve your goals.
Hard money lending is different from traditional bank lending. Traditional banks lend according to strict guidelines. That means they look at your credit rating and income. Hard money lenders lend money based on assets, and for you, your chief asset is the house you’re going to flip. We look at the value of the property, the amount of money you want to borrow, and the final value of the property after you flip it. These are the main things we look at when trying to assess whether we’ll fund a project or not.
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If you love home repair, and you’re great at it, there’s a good chance that you’ll be good at flipping houses. Your first venture may land you a lot of money or it may teach you the ropes and enable you to have a more successful venture next time. Whatever your plans are, you’re not going to get anywhere unless you have the funding you need to get that house fix and flipped. Delaney Street can help you. Our team is passionate about house flipping, and we know that the best resource for flipping a house is cold, hard cash.
Whether you’re an excellent home repairman with a knack for flipping houses, or your dreams are simply in the planning stage, bringing us in as a partner is going to give you the cash and creative backup you need. If you’ve got a specific house or property in mind, give us a call today and we can get started. We’ll be there for you every step of the way, sharing our expertise and previous successes. All it takes is one phone call to get started.