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North Dakota Fix and Flip Loans

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 hard money loans up to 80-90% LTV with no issues.



We promise to treat you like a partner


No $ Limit

No limits on what we can do for you.

Business Funding

Our client was a trucking company based out of NY, that needed quick funding. In 24 hours, we arranged $100,000 in funding.

100% Funded!

Residential Refinance

We funded a purchase in California, for $1.2 million with 65% LTV. We helped the developer with with a 11% loan with balloon payment.

100% Funded!

Lawsuit Funding

Client was injured in a car accident and needed a cash advance on the future value of his lawsuit. In 48 hours, our funders wired funds over.

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

Founding Partner (Zooomr Car Leasing)
Delancey Street funded our e-commerce shop and really gave us the chance to grow our business significantly.
Delancey Street makes lending easy. They took a chance on me when no one else would.

Kevin Johns


Industries We Service

Residential Real Estate
Commercial Real Estate

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

North Dakota Fix and Flip Loans

Flipping homes is a popular way to profit in the real estate industry. If you want to finance a home to flip in North Dakota, you need to produce costs for the four parts of the flipping process. If you have a detailed plan for each part of the flipping process it will be easier to afford the whole project with the financing, you get.

The Four Funding Needs when Flipping a House

  • Financing for the purchase price of the house. You will need twenty to forty-five percent for a down payment.
  • Holding costs are the expenses you must pay for while you are renovating. Insurance and HOA fees are types of holding costs.
  • Materials and labor for the renovation.
  • Hiring an agent to help you find a buyer.

Before you look for financing for a home you want to flip, you should create a business plan for your flip. This plan will help your lender understand exactly what you will use the money for and exactly how much time you expect the renovations to take. While nothing is exact, be as specific as possible with your plan so you can convince a lender that your flip will profit.

Things to include in your business plan:

  • Include the address of the home you want to flip.
  • Include information about the neighborhood the home is in.
  • Your lender will want to see comps (sales prices of comparable homes in the neighborhood).
  • The scope of work: a time line and projections for the renovation.
  • Background information on anyone helping you or working for you.
  • A plan B. What will happen if everything doesn’t work out?
  • A current valuation and estimated valuation after the renovation. A professional appraiser does this.

To accurately estimate your renovation, you need to have an appraiser and contractor work with you to create a timeline and give you a quote of how much your renovation will cost. With the help of these professionals, you will have correct figures to take to a lender with your business plan.

If you are going to look for lenders in your community, it is important to introduce yourself to the industry by networking. Join clubs, organizations, and network with other real estate professionals regularly.

Types of Loans for Flipping Homes:

  1. Ask Friends and Family

    Take your project to your friends and family to find funding. This is especially helpful if it is your first house to flip. Get everything in writing and treat it like standard funding. Pay your lender(s) when expected even if they are family members. Make sure you check the tax laws and rules when you borrow money from family.

  2. Partner with Someone

    Networking can help you find a partner that will fund the project. Depending on the work and how you want to divide duties everything is done together, or one can supply the funding and the other can do the work. The partners usually split the profits from the flip after the partner is paid back.

  3. Use Your Home Equity for a Line of Credit or a Loan

    If you have your own home and have equity in your home, you may qualify for a loan or line of credit on your equity. The money will come in a bulk sum from a loan and with a line of credit, you can use it as you need to use it.

  4. Draw Some Money on Your 401k

    Check with your 401k and see what the terms are for taking a loan on your balance.
    You usually need to have a large amount to make a flip and should reconsider if you are close to retirement.

  5. Personal Loans

    You may have to combine personal loans with other funding. You can use a personal loan for any of the expenses with your project. A personal loan is paid back over several years at around 5% interest with good credit.

  6. Owner Financing

    Find a flip home that you can owner finance for a few months, then pay off the seller when it is sold. This will need a down payment and an agreement on the interest rate. Present your business plan to the seller to show them your plans to renovate.

  7. A Hard Money Loan

    A hard money loan is a loan from investors or individuals that is not a bank loan.
    The qualifications are lower to get these loans, so the interest rates are higher and there may be fees that are costly.

  8. A Commercial (Business) Line of Credit

    Once you flip houses for a while, you may qualify for a line of credit for your business. It takes good credit and a healthy business to qualify for a line of credit for your business.

Hard Money Loans

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