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

Hard Money Loans Cambridge

What differentiates Cambridge hard money lenders from traditional lenders?
The main difference between banks and  hard money lenders is the fact hard money lenders are asset centric lenders. They look at on the asset associated with the hard money loan. In contrast, traditional lenders hone in on the borrowers credit and liquidity. It is very important to remember hard money loans aren’t great for the long term. The purpose of a hard money loan is to be a bridge loan that which helps you get the investment property you are trying to buy. Hard money lenders focus on short term loans that reap a significant ROI. If you are unable to repay the loan you took, then the company you borrowed from can take possession of your property in order to repay his/her loan.
What are some negative of hard money
There are many reasons reasons why a hard money loan is a terrible idea. For example, hard money lenders look for higher interest rates. This is due to the fact hard money companies think they are taking substantial risks by lending on an investment property – and want to be compensated accordingly. High interest rates make hard money loans unattractive for some kinds of deals. Moreover, hard money lenders have shorter loan terms than conventional lenders – that also makes them unattractive. Traditional lender offer 30 year terms but hard money lenders offer only 1-3 year loan terms.
Hard money lenders can help finance your next deal
Hard money lenders assist a very specific group of individuals, i.e. property investors. Hard money lending is a form of short term financing, which is secured by real estate. Specifically, the people who use hard money loans are typically property investors – typically, people who are being denied a traditional loan due to stringent guidelines.
Hard money lenders exist since they’re fast, and offer loans with little to no headaches. Hard money lenders have a streamlined application system. They anticipate collateral and don’t look at your credit rating. They concentrate on your experience, rather than your credit worthiness. In case you have a checkered financial history, it’ll be easier to obtain financing with a hard money loan as opposed to a conventional loan which is granted based on your credit report. Below are scenarios where hard money lenders fill a void that conventional lenders don’t touch:
Cambridge Hard money loans can be used for fix and flip real estate investors
Most traditional lenders will not give you a loan for a fix and flip job. If the house is in bad condition, or there’s some other abnormality with the home, then a conventional lender won’t give you funding. In addition, most fix and flip potential deals”go fast.” The seller is extremely motivated to sell the property, and will accept the first offer. Traditional lenders take forever, so by the time the loan is approved – you’ve already lost the property because someone paid money for it. If you 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.
Hard money loans are good for people who have extremely terrible credit
Most run of the mill lenders look at a potential borrowers credit score. They look at your income and investigate past delinquencies. This means that somebody with a checked credit past will have a difficult time, and in some cases never get approved. When this happens to you, your only option is to use with a hard lender. While the interest rates for a hard money loan are higher than traditional loans – if the deal makes sense, it might make sense to take the money.
Hard Money Loans Can Be Used For Commercial Real Estate Investments
Many real estate investors who want a commercial property may get private money loans from a commercial hard money lender. At Delancey Street, we fund commercial properties throughout the USA, with rates as low as 7%, with terms ranging from 6-24 months. We provide amazing customer service to our clients, with no hidden fees, or bait and switch tactics. We do not charge prepayment penalties, and there are no income requirements. There are no credit score requirements, and we have minimal paperwork. We offer commercial, hard money loans for multifamily properties, office buildings, retail locations, industrial buildings, and much more. We have assisted with a wide array of commercial property investors secure funding for a variety of commercial properties. Delancey Street works with real estate agents and hard money brokers who are looking to help their clients receive a private money loan. We have financed countless commercial loans and will work with all kinds of borrowers. Underwriting a business hard money loan requires a lot of effort and requires an expert team.

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

In The Media

Delancey Street CEO discusses ways to reward employees
Delancey Street CEO discusses the benefits of franchising on Forbes.
Delancey Street CEO discusses management on AMEX.
WHAT ARE Asset-Based Loans?

What is an asset based loan? An asset-based business line…

101 Things you need to know before you apply for an SBA loan

101 Things you need to know before you apply for…

ESOP

ESOP – employee stock ownership plan, is a qualified employee…

Financing Small Businesses: How It Helps The Entire Community

Small business financing is a great thing, but many people…

Here’s Every Document You’ll Need to take a Small Business Loan

Documentation and paperwork is the single largest obstacle to most…

Delancey Street understands funding like no one else!
Steven Norris
Get Funding Today

Ready To Get Started?

If you have questions, feel free to shoot us an email, or fill out our live chat.

Apply Now