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Alexandria Hard Money 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

1

High LTV

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

2

Fast

We promise to treat you like a partner

3

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.

Raised
APR
ARV
700,000
9,0%
60%
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.

Raised
APR
ARV
1,200,000
11%
82%
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.

Raised
APR
ARV
830,000
8,99%
75%
100% Funded!

PARTNERS FIRST.
LENDERS SECOND.

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...

Steven Goldman

Founding Partner (Goldman & Associates
Chicago Lawyer)

Industries We Service

Cannabis
Residential Real Estate
Commercial Real Estate
Startups

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

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

We’re here to answer your
questions. Contact us anytime:

Minimum Qualifications Requirements

Delancey Street’s team consists of builders, developers, hard money lenders, and entrepreneurs. We understand your project has unique needs, and not every project is going to be easy and be ideal. These are general guidelines which should be interpreted as a suggestion, rather than mandatory.

At the end of the day, we look at you – just as much as the quality of the deal and the qualifications.

  • Risk Free. No Application Fees.
  • Decisions Within 48 Hours.

Hard Money Loan Guidelines

Speed We close within 24-48 hours
Paperwork Not much
Qualification Project and LTV matter. We don’t care about your credit.
Maximum LTV 80-90%
Loan Terms 12-48 Months

It’s Simple

  • 1 Tell us your financial request
  • 2 We consult & provide terms
  • 3 We finalize the transaction

Get pre-qualified

  • Looking to purchase a property
  • No obligation and no effect on y
Get pre-qualified today

Alexandria Hard Money Loans

Hard money loans are short-term loans that are backed by real estate. Private lenders are the ones who provide the funds. People typically take out hard money loans for 12 months. However, some people will take out a hard money loan for two to five years.
The value of the property is what determines how much you will be able to borrow. People often get hard money loans because they are turned down for other types of financing. Hard money loans are ideal for the following types of situations.

  • Land loans
  • Construction loans
  • Fix and flips
  • Buyers with credit issues
  • Real estate investors who need to make quick decisions

Types of Property That can be Used for Hard Money Loans
Borrowers can get hard money loans for just about any type of property. This includes multi-family homes, single family homes and commercial property.
Why Real Estate Investors Choose Hard Money Loans
There are several reasons that people choose to use hard money loans. One of the main reason that real estate investors choose hard money loans is because they can quickly get the funds that they need. Many people who apply for a hard money loan are able to get their funds in just one week. However, it can take 30 to 45 days to get funds from a traditional lender.
In some cases, people can get approved for a hard money loan in just one day. The ability to get funds quickly works in the real estate investor’s favor. The real estate investor may be trying to get a property that has already received several bids. A hard money loan helps the real estate investor close the deal quickly.
People may also opt to borrow a hard money loan if they have been rejected by other lenders. Short sales, credit problems and foreclosures can make it a lot harder to get approved for a loan. A traditional lender will also look at your income. People who have just got a new job may have trouble getting approved by a traditional lender.
How to Qualify for a Hard Money Loan
The property that you are trying to secure will determine how much funding you can get. The higher the value of the property is, the more money you will be able to get. Valuable property is the main qualification that is needed to get a hard money loan.
It is important to note that some hard money lenders will only lend to people who have specific types of property. There are some lenders who will only lend to people who have commercial properties. Others will only lend to people who have residential properties.
The lender may use your credit score to determine what the interest rate on the hard money. However, it will not be used to determine whether you get approved. Hard money loans typically have higher interest rates than other types of loans.
Some lenders will ask for a plan that states how you will be using the loan. The plan should also show your plan for repaying the loan.
What to Know About Paying Back Your Hard Money Loan
You will need to read all of the terms and conditions before you pay back your loan. The terms and conditions will outline the interest rates and repayment schedule. The process of repaying a hard money loan is similar to paying any other type of loan. However, you may be able to negotiate with a hard money lender and get your payment schedule changed.

Hard Money Loans

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