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

Birmingham-Alabama Hard Money Loans

As a historical Southern city, Birmingham today is also a region that is undergoing tremendous growth. This has brought with it the potential for some great real estate investments to be made. If you are an investor looking to capitalize on this emerging market, you may have grown frustrated with the length of time that it takes to get approved for a conventional mortgage. Since you are looking to move certain properties fast, this is not even the type of financing you probably want. That is why you may want to look at the option of receiving a hard money loan for a variety of real estate related purposes.

A Look At the Options

When it comes to getting a hard money loan, there are actually quite a few different options that you can look into receiving. These are offered by lenders such as Delancey Street, so you will want to talk to them to better understand what type is for. We will briefly cover four of the primary types of hard money loans for you now. This will give you an indication of what the possibilities are as you continue to invest in real estate throughout Birmingham.

For Construction

When you are looking to develop a piece of property quickly and then sell off the new structure, this is a type of hard money loan that can get you the money that you need. You can also use this loan to get the money you need for the purchase right away and then work to refinance the note shortly thereafter.

As A Bridge

There are times when you just need short term access to money in order to make a purchase happen. Your plan then is to either sell the property quickly or to use the proceeds from another pending deal to pay off the loan. That is where the name of this type of loan comes from. It is simply a bridge to help you get to where you need to be in the interim. You can also refinance this loan after you receive it if you find that it is taking longer than you thought to close another deal.

To Occupy An Existing Structure

Similar to a conventional mortgage, this type of hard money loan would give you the money that you need to purchase a piece of property that you intend to occupy yourself. It should be noted that these types of hard money loans are more difficult to get because of their short term nature. They simply are not designed for residential or commercial dwellings on the part of the investor. You would need to show that you have a plan to pay off the note in a very short period of time.

To Fix Up A Property and Sell It

Commonly referred to as a fix and flip loan, this will give you access to the quick cash that you need to finalize a deal on a property that is in need of repair. Your goal here is to make the repairs and then immediately set out to sell the newly remodeled structure for a profit. At that time, you would pay off the loan.

Learn More

Hard money loans provide a real option for real estate investors in Birmingham to purchase properties without having to go down the road of a conventional mortgage. These loans are short term in nature, so you will want to keep that in mind. You may not even need to make any payments until the loan becomes due in full. If you do, it might just be for the interest.

Delancey Street is here for you

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.

"Super fast, and super courteous, Delancey Street is amazing"
Leo
$125,000 Small Business Loan
"Thanks for funding me in literally 24 hours"
Jason
$35,000 Lawsuit Advance
"Great choice for first time fix and flippers"
Mary
$250,000 Hard money Loan

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