Fayetteville-North Carolina 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

Fayetteville-North Carolina Hard Money Loans

Benefitting from its close proximity to the Research Triangle, Fayetteville is an up and coming city with a great deal of potential. This is why real estate investors and developers have long been interested in the region. If you fall into that category, you might be looking for some new financing options to help you execute a variety of deals that are out there for you. Conventional mortgages do not work for everyone, and they are not always conducive for the type of fast deal that you might be looking for. This is why you will want to look at the option of getting a hard money loan.

A Different Type of Loan

Hard money loans are different than conventional mortgages in many respects. The lender, such as Delancey Street, is looking more at the collateral in the property that you are proposing to purchase than they are in your ability to repay the loan. This is because a hard money loan is meant to be a short term loan that you pay back in full, with interest of course, in just a few years. Some terms are as low as 12 months. During that time, you may not even make any payments. You will either sell off the property or refinance the loan.

Let us take a quick look at four of the main types of hard money loans that are available today.

A Construction Loan

If you are looking to develop a piece of property, this might be the type of financing that you need. This will give you access to the cash that is required to get the construction started. As soon as the building is complete, you will be looking to sell the property in order to pay off the loan. Some people will also look to refinance the loan at the first available opportunity.

A Bridge Loan

Here is a form of hard money loan that is for an investor who is waiting for other deals to close. In the interim, you need to finalize a new purchase. This loan will give you the money that you need to do that, while you will then be paying it off with the proceeds from another property once it closes. Alternatively, you might refinance this loan as well when needed.

A Fix and Flip Loan

This type of hard money loan is growing increasingly popular, particularly in the Fayetteville area. It involves you purchasing a property on the cheap because it is in ill-repair. Your plan is then to quickly fix it up and sell it for a nice little profit. You would then pay the money back as soon as the property was sold.

An Owner Occupied Loan

As Delancey Street will tell you, this is not the most common type of hard money that is approved. Most hard money loans are for investment purposes only. However, there are some instances where you can get approval to buy a property that you actually intend to occupy yourself. You will need to show a detailed plan for you how you plan to pay off the loan in a short time.

Is A Hard Money Loan For You?

If you are looking to invest in real estate, and you understand that this is a short term form of financing, then you may very well find hard money loans to be a more than suitable solution. The approval process is quick, so you could actually be fully funded inside of a week. That is not possible with traditional lenders, so contact Delancey Street today to learn more.

Hard Money Loans

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