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Tennessee 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 and helped my...



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

Tennessee Fix and Flip Loans

Tennessee fix and flip loans- What you need to know about these financing tools
Watching most of the popular property shows on TV might give you the impression that buying, fixing, and selling property to make money is easy- all you need to do is to purchase a house, renovate, and then sell it at a profit. In real life, though, it isn’t simple.

In the last decade, the housing market was hit worst by the economic recession, and many investors lost their money. In recent years, there’s been steady growth, and the market seems to stabilize. The recent growth has come along with many developments, including the fix and flip concept. Investors are reaping huge profits by purchasing houses, renovating and then selling them at a profit.

In 2017, the fix and flip business were booming where investors renovated more than 200,000 homes. Majority of the investors were smiling all the way to the bank having pocketed an average of $68,143 per property. Although fix and flip business have promising returns, the business is not for everyone. For most of the starters, it’s very challenging to venture into this business. Here’s why.

It’s costly to finance fix and flip project

Unless you are extremely wealthy, you will find it hard to venture into house flipping. The biggest challenge for most people is the lack of enough capital. You will need money to purchase the house, pay for the renovations, pay all the holding fees, and even money to market the property. Fortunately, nowadays investors have multiple options of raising money for their house flipping projects. Fix and flip loan is the most popular among the available options.

What are fix and flip loans?

Initially, investors relied on conventional mortgages and traditional bank loans to raise funds for purchasing a property. These loans are usually long-term and hard to access. A bank will require a lot of paperwork before they can approve your loan application. Most of the people can’t access these loans because they lack a perfect credit score or collateral required by banks.

Fix and flip loan is a relatively new financing tool that enables short-term real estate investors to raise funds for their fix and flip projects. These loans are often accessed outside the traditional financing system. In most cases, a private investor or business issues the fix and flip loans as hard money.

Facts about the fix and flip loans

The typical length of a fix and the flip loan is usually between six and twelve months. The interest rate of these loans depends on the lender, and they range between 12-21 percent. It is possible that you can get a lower interest rate on your loan especially if you have done other flipping projects. The loan amount for most of the flipping projects is usually between 60 and 75 percent of the property’s value. The best thing about the fix and flip loans is that you require little or no documentation.

Why you should consider fix and flip loans

As highlighted earlier fix and flip projects usually run for a short time. Mostly, when you find a suitable property, you want to purchase it and start renovations almost immediately. Applying for funding from the banks isn’t an option because they take their sweet time to approve applications. Finding a lender who can lend you the money in less than a week can be a great advantage to you. This is where to fix and flip loans come in. Most of the fix and flip lender will approve your loan within a short time.

Also, most of the fix and flip lenders don’t look at your credit score, your debt-to-income ratio, or even your income. These lenders are looking out for the current value and the expected resale value of the property. The difference between the resale price and the current value determines the strength of the deal.

What to consider when applying for a fix and flip loan

Before you decide whether or not to apply for a fix and flip loan, you need to ask yourself a few questions.
1. What is the minimum amount you can pay for the property?
2. How much will the renovations cost?
3. How much will you pay interest and holding fees before finding a suitable buyer?
4. How much are you likely to sell the house for. Will it yield a profit?

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