Fast Hard Money Loans For Experienced Investors

Delancey Street provides hard money loans nationwide to investors who have a verifiable track record. We fund up to 70-80% LTV, and focus on residential projects such as: buy and hold, fix and flips, and commercial real estate acquisitions. The biggest factor we look at is the experience of the investor and the LTV of the project they're requesting assistance with.

80% LTV

We fund loans up to 80%
LTV with no issues.
We DO NOT do 100% financing.

Fast

We promise to treat you
like a partner.
We don't like wasting time

No $ Limit

No limits on what we can
do for you.
We max out at 80% ARV.

70-80% LTV For Seasoned Developers Nationwide

Fix and Flip, Cash-out Refinance, and Acquisition Loans
For Experienced Real Estate Developers.

We Fund Real Estate Projects Nationwide

We fund projects nationwide, ranging from fix and flips, to commercial acquisitions. Bottom line, we can help - regardless of the size, or difficulty of the project. We do not do 100% financing - and prefer working with experienced real estate investors.

Recently Funded Projects

Hard Money

Financing for fix and flips, commercial estate, and acquisitions / refinancing
Financing up to 70% of the After Repair Value
We charge 9-10% on average, with no junk fees

Sacramento Fix and Flip Loans

Sacramento Fix and Flip Loans

Sacramento, California is an ideal real estate market for the art of fixing and flipping houses. One of the most recent median house price market value in this area was $306,000, based on over 2,300 home sales. This is a price range that might appeal to your typical real estate investor because it gives them plenty of room to grow the end sale price. And that’s where the term “fix” comes in. It’s one of the two critical components of the “Fix and Flip” real estate investment strategy.

What’s a Fix?
Some real estate properties aren’t very valuable. In fact, they’re in desperate need of repairs, and that’s exactly why they’re going to sell for below market value and often sell for some of the cheapest prices on the market. Maybe it’s a plumbing problem. Maybe it’s a roofing issue. Maybe there’s not enough bedrooms to appeal to average buyers in a certain location. And maybe it’s all three of those things, and the home is sold for a very low price. Here’s where the potential to earn comes in.

Since a hard money lender is typically the type of investor who understands the Fix and Flip, you’re likely to qualify for loans if you have a solid plan to fix the property. It’s the “Fix” that is going to net you some serious profit in the end. You buy a very cheap house on the real estate market, and then it’s time to “flip” it. You’ve seen the shows. They’ve invaded American television channels for the last decade, as people have taken the flip to new extremes, making an entire career out of repairing worn out houses and selling them for mind-blowing prices.

The Flip
Once you’ve purchased a very cheap house on the Sacramento market, it’s time to come up with your plan to flip it. It’s the “Flip” that will give you your profit, and if you do it right, you can make an outrageous amount of money doing this type of investing. Why? Because that roof that made the house unsaleable now is fixed and upgraded at an affordable price so that you can hike the price several hundreds of thousands of dollars. And that makes your hard money lender extremely happy. They’re going to make a profit just like you are.

Hard Money Lenders
The bulk of the time, traditional banks don’t want to deal in the fix and flip model. They deal mostly in endeavors that require a great credit rating and solid income. Flipping houses doesn’t take stellar credit, though. You are going to get a loan based on your investment plan and your plan to fix the property and then flip it, not on your income or credit rating. You’ll basically be giving a portion of your profits to the hard money lender, and this is going to work out great for you AND them because none of this would be possible without that loan that will allow you to flip the house.
A hard money lender is going to take a huge look at your plan to flip the house. Do you have a plan to make cheap repairs? Do you have some inside knowledge of remodeling and flipping houses that means you’re going to be able to score a huge profit? If so, then your hard money lender is likely to approve you for your loan, and that’s the beginning of your success.

Next Steps
If you’re ready to move forward with your project, we encourage you to contact us. Fill out our contact form, and send us information about the terms and conditions you need for your next hard money loan.

Many of us have heard the term “hard money loan”, but do you fully understand what that means, and when you should consider using one?

The many rules and regulations concerning mortgages sometimes make it difficult to obtain a mortgage. As everyone that has ever applied for a mortgage knows, you must fit into the box created by those rules and regulations.

A hard money loan is based on the value of your collateral rather than on your ability to repay the loan. There are several kinds of hard money loans, used at different times to serve various purposes. It is a good idea to know and understand these loans so you can use them to your advantage. If you work in the real estate industry you may need to explain and advise your clients concerning these loans.

Bridge loans are used when there is an understanding that it will be for a short period of time. It might be used when a person is waiting for their current home to close but they need to put a down payment on a new home. It could be for a property that is bought with the understanding that it will be refinanced or sold within a short period.

Most of us understand a “fix and flip” loan. It allows a person to purchase a property that needs to be rehabbed and will then be sold.

A construction loan will allow a developer to build homes and sell them as they are completed.

An owner occupied loan allows individuals that cannot qualify for a regular mortgage to purchase a home that they will occupy.

Hard money lenders are private individuals or firms that consider loans on an individual basis.

Most lenders will only do hard money loans for investment purposes. Most hard money loans are for a term of 12 months or less. This type of loan does not require monthly payments applied to principal and interest; some are structured for monthly payments of interest only and some don’t require monthly payments at all but have a date at which the entire amount is due.

There are several advantages to this type of loan that appeals to real estate investors. One is the ability to obtain financing quickly, sometimes in a week. The fact that they can get the loan for a short term and the ease of the application process are also appealing.

The investor is normally required to put up some of their own money for the purchase. This is based on the loan-to-value or the after-repair-value.

The loan is normally paid off with what is known as a “balloon” payment at the end of the term. This payment will include all interest, the principal and any other costs that have been incurred during the term of this loan.

By now, you probably suspect that there are also some pitfalls to this type of loan. The interest rate can be significantly higher than regular loans.

There is very little oversight to this type of loan. This could make you vulnerable to unscrupulous lenders. The government is not looking over your shoulder ready to step in and protect you.

This type of lender is likely to charge all types of fees associated with the loan, and they can be substantial.

The short term of the loan can be a problem if you run into difficulty selling the asset. The loan could come due and the money would not be available to pay it.

An investor could also find a lot of red-tape when it comes to refinancing the asset.

As you can see, each circumstance is very different and the pros and cons must be considered carefully.

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Our team is available always to help you. Regardless of whether you need advice, or just want to run a scenario by us. We take pride in the fact our team loves working with our clients - and truly cares about their financial and mental wellbeing.

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$250,000 Hard money Loan

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