Hard Money Loans Atlantic City

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 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.

Recently Funded Projects

Residential Refinance
Residential Refinance

Residential refinance in Los Angeles, with a loan amount of $830k, at 75% LTV. We were able to help the investor get a loan at 8.99% with a balloon payment after 18 months.

8.99 %
100% Funded!
Residential Investment
Residential Investment

Delancey Street funded a new residential purchase in California, for $1.2 million with 82% LTV. We helped the developer with a loan at 11% with a balloon payment in 9 months.

11 %
100% Funded!
Residential Investment
Residential Investment

Property in New York was torn down, and redeveloped. We provided a 60% LTV loan for $700k. We charged no upfront fees, and had a balloon payment after 10 months.

9.0 %
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

Industries We Service

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:

How is a hard money lender different from a traditional lender

The critical difference between traditional lenders and  hard money lenders is the fact hard money lenders are asset centric lenders. They look at on the collateral associated with the by the potential borrower. In contrast, traditional banks hone in on credit and how much cash the borrower has. It is very important to remember hard money loans are not good for the long run. The purpose of a hard money loan is to be a short term loan that gets you the commercial property you’re attempting to purchase. Hard money lenders focus on 6-24 month termloans that reap a great ROI. If you fail to pay the lender back, then the hard money lender can repossess your property in order to settle his/her loan.

why is a hard money loan a bad idea?

There’s plenty of reasons reasons why a hard money loan is a bad idea. For instance, hard money lenders often charge higher interest rates. This is because of the fact hard money lenders think they’re taking substantial risks by lending on an investment property – and wish to be reimbursed accordingly. High interest rates make hard money loans unaffordable for some types of deals. Moreover, hard money lenders have much shorter terms than traditional lenders – that also makes them unattractive. Traditional lender offer 30 year periods but private money lenders offer only 1-3 year terms.

Hard money lenders can help finance your next loan

Hard money lenders assist a very specific group of individuals, i.e. property investors. Hard money lending is a type of short term financing, which is secured by property. Specifically, the men and women who use hard money loans are generally property investors – typically, people who are being denied a traditional loan as a result of stringent guidelines.

Hard money lenders exist because they are fast, and provide loans with little to no headaches. Hard money lenders have a fast application system. They anticipate collateral and do not look at your credit rating. They concentrate on your expertise, rather than your credit worthiness. In case you have a bad financial past, it’ll be easier to obtain financing by using a hard money loan as opposed to a conventional loan that’s granted based on your credit report. Below are situations where hard money lenders fill a void that conventional lenders don’t touch:

Atlantic City Hard money loans can be used for fix and flip property investors

Most traditional lenders will not offer you a loan for a fix and flip job. If the house is in poor condition, or there’s some other abnormality with the home, then a conventional lender won’t give you funding. In addition, most reverse and fix potential deals”go fast.” The seller is extremely motivated to sell the property, and will accept the first deal. Traditional lenders take forever, so by the time the loan is approved – you’ve already lost the property since someone paid cash for it. For those who have a hard money lender on your side who can close a loan in 5-10 days, you can get the fix and flip property.

Loans from private money lenders are great for people with bad credit

Most traditional lenders look at a potential borrowers credit report. They verify your income and explore past delinquencies. It means that someone with a checked credit score will have a challenging time, and in some cases never get approved. If this happens to you, your only choice is to use with a hard lender. While the rates of interest for a private loan are higher than traditional loans – if the deal makes sense, it may make sense to take the money.

Hard Money Loans can be used for Residential Real Estate Investment Properties

Hard money can potentially be used for various kinds of properties, which range from commercial properties to residential properties. Typically property investors who contact us are searching for a private money for single family home. Many do a fix and flip, or they are buying the property to expand their real estate empire and lease it out. Real estate investors that want to fix and flip normally find a property in terrible shape, purchase it below market value, rehab the property, and then resell it so as to create a profit. Most fix and flip properties are done in 6-9 months. Real estate investors who purchase rental properties with a long term plan, typically buy it and maintain it. Regardless of your purpose – we can give you funding. We finance all types of residential property investment properties. Many investors come to us because they want to create numerous sources of passive wealth. Some real estate investors use a hard money loan to purchase the investment property and then use a conventional loan to repay the hard money loan. Regardless of what your purpose is, we may provide you financing for your loan.

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