Berkeley-California 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

Berkeley-California Hard Money Loans

While investing in real estate is one of the most effective ways to build wealth, it can be difficult to pursue for those who have had past problems with bankruptcies and bad credit. While banks typically decline to provide financing to these individuals, hard money loan lenders do the opposite. Rather than being concerned about an investor’s ability to repay a loan, they focus on the value of the property the investor wishes to purchase, since this will be collateral for the loan. Offering a unique way to obtain financing for investment projects, hard money loans are worth looking into for many reasons.

Project Flexibility
Whether an investor wants financing to purchase a property they will fix and flip, start a business, or perhaps begin a construction project, hard money loans can be used for these and many other purposes. Since an investor will bypass a traditional bank and instead seek out hard money loans from individuals or private institutions, these loans offer much greater flexibility, since the lender will be able to assess the investor’s ideas on a case-by-case basis.

Quick Financing
Rather than wait weeks or even months to secure financing for an investment, real estate investors can often obtain hard money loans in no more than one week. This ability to get quick cash, along with an application process that is far less complicated than mortgage applications, make these loans very attractive to investors eager to move quickly on purchasing property. However, be aware these loans also come with far shorter payback periods, usually 12 months. Therefore, before saying yes to a hard money loan, make sure you are certain you can sell the property or have the money needed to pay back the loan when it comes due.

Balloon Payments
With most hard money loans, investors will not make equal monthly payments toward principal and interest. Instead, they will likely make interest-only payments each month, with what might be a rather large balloon payment at the end. Since these loans carry very high interest rates, the balloon payment will not only include a large amount of interest, but also any remaining principal and fees for origination, underwriting, and other fees that were assessed when the loan was granted.

Very Little Regulation
Because hard money loans are made by private institutions and individuals, there are very few regulations in place pertaining to these loans. Therefore, when deciding to pursue financing in this manner, always be sure you have exhausted all other options before doing so. Since some people view these loans as coming from predatory lenders, always make sure you fully understand the terms of the loan before signing on the dotted line.

Finding a Reputable Lender
When you are looking for a reputable hard money loan lender, always start by asking other real estate investors in your area. After all, there is a good chance many of them have used or are currently using these loans to make purchases, so they should be able to let you know which hard money loan sources are reputable. However, even after getting recommendations from other investors, do your homework by conducting your own research. Along with an online search to see if there are any negative reviews or other information about the lender, contact your local Better Business Bureau to find out if any complaints have been made against the lender. Once you are satisfied with the information you have found, select several lenders, schedule meetings with each, and soon you may have the financing needed to purchase that prime piece of investment property.

By doing some research beforehand and knowing what questions to ask along the way, obtaining hard money loans can be fast, easy, and profitable for both you and the lender.

Hard Money Loans

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