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

Irvine Private Money Lenders

Irvine Private Money Lenders

Delancey Street is a premier, and trusted, Irvine private money lender. We provide private money for real estate investments all over the USA. Many real estate investors come to us because they want to buy a property, maybe fix it and flip it – or maybe hold it long term, but don’t have the immediate cash to purchase it. If so, you can turn to Delancey Street to help. We provide fast financing. The traditional loan process can take sixty to ninety days, and by the time you wade through the paperwork and wait for your money, that investment opportunity may have slipped through your fingers. That’s one of the many reasons some people seek out private money loans.
Private money loans, also known as hard money loans, have as their funding source private individuals or a pool of private individuals. Delancey Street can supply funds for your real estate investment – whether it’s commercial or residential.
What is an Irvine private money loan, and who uses them?
When you obtain a private money loan, you’ll be borrowing from an individual investor that is not backed by a financial institution such as a bank. You’ll need to convince the investor that your idea is profitable, and you’ll need to use your property as collateral for the loan.
Private money loans are typically used by people who need to (1) finance deals that won’t qualify for a conventional loan, (2) obtain financing quickly, or (3) don’t have adequate credit to obtain a traditional loan. If you’ve experienced a short sale or a foreclosure, for instance, you might find that a private money loan is right for you. Having poor credit, or asking for a real estate investment loan – can immediately disqualify you when you ask for a traditional loan.
Advantages and Disadvantage of Irvine Private Money Loans
Because of the risk involved to the loaner, private money loans tend to come with higher interest rates and closing costs than conventional mortgages. Your interest rate, for instance, might range from 10 to 15 percent, and the points might be from 2 to 4 percent. You will also have to pay the loan back much more quickly than a conventional loan. While the terms of traditional mortgages are typically 15, 20, or 30 years, a hard money loan will generally be repaid in 1, 2, or 3 years.
Despite these higher costs, private money loans do have some significant advantages over conventional loans:
• You can obtain rehab financing for a damaged property. A conventional lender is going to want the property you are purchasing to already be in good shape, but a private money lender is willing to loan you the money you need to purchase the property and fix it up simultaneously. This allows for “fix and flip” deals.
• You can secure a loan even if you have poor credit. Because a private money loan is backed by the value of your real estate, which you are using as collateral, you don’t need to have stellar credit to obtain one. Irvine private money lenders care about the potential profitability of your real estate more than either your financial history or your credit score.
• Private money loans allow you to act on investment opportunities quickly. The entire hard money loan process, from application to funding, usually lasts less than fifteen days, instead of upwards to ninety.
How Can a Borrower Secure an Irvine Private Money Loan?
To secure an Irvine hard money loan, you’ll need a property of sufficient value. A wide range of real estate can be used to secure a hard money loan, including land, industrial property, commercial property, single family housing, and multi-family housing. Your loan amount will be calculated based on the value of the property, using a loan to value ratio. Most private money lenders will extend you credit equal to 50 to 75 percent of the property’s value. Irvine private money lenders will also want to see your investment plan. How do you expect to make money from this real estate venture? You’ll need to describe how the money will be spent and what sort of return on investment you anticipate. Finally, most Irvine private money lenders will want you to furnish a deed of trust, proof of identity, and a note.

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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