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 Kansas

How is a hard money lender different from a regular lender
The main difference between banks and  hard money lenders is that hard money lenders are asset centric lenders. They look at on the asset associated with the hard money loan. But, traditional lenders focus on credit and how much money the real estate investor has. It is super 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 real estate you’re attempting to buy. Hard money lenders focus on short term loans that generate greater ROI than leaving the money in the bank. If you are unable to pay the lender back, then the company you borrowed from can take possession of your property in order to settle his/her loan.
When should you get a Kansas hard money loan
Private money loans are used as investment tools by investors. They are useful in a few situations, such as:
Not able to find financing elsewhere. Funding real estate investments is complicated. Traditional mortgages are tough to get under normal situations. Banks are very cautious of making loans for purposes of real estate investments, as opposed to loans for residences. As a result, if you’re looking for investment funds – then you’ll probably have to get a loan from a hard money lender.
You have a bad credit . Hard money loans are based off the collateral of their investment, not your ability to repay. Loans made to consumers – as opposed to hard money lenders – are based off your ability to repay the loan. This means if you have a bad credit history or no steady income – then you might not get approved for a loan. You need capital. Hard money loans are great so you can get money ASAP. Traditional loans take time. Hard money is very fast. If you need to capitalize on an opportunity immediately, then it is possible to find a hard money loan. If you can wait several weeks, then it’s far better to get a hard money loan.
Hard money lenders can finance your deals fast
Hard money lenders serve a very specific group of individuals, i.e. property investors. Hard money lending is a type of short term financing, which is secured by real estate. Specifically, the men and women who use hard money loans are generally property investors – typically, people who are being denied a conventional loan due to stringent guidelines.
Hard money lenders exist because they are fast, and offer loans with little to no headaches. Hard money lenders have a fast application system. They expect collateral and don’t look at your credit rating. They focus on your expertise, as opposed to your credit worthiness. In case you’ve got a checkered financial past, 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 situations where hard money lenders fill a void that traditional lenders don’t touch:
Kansas Hard money loans can be used for fix and flip property investors
Most traditional lenders won’t offer you a loan to get a fix and flip job. If the house is in bad condition, or there is some other abnormality with the home, then a traditional lender won’t give you funding. In addition, most reverse and fix prospective deals”go quickly.” The seller is extremely motivated to sell the property, and will accept the first offer. Conventional 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 will close a loan in 5-10 days, you can find the fix and flip property.
Loans from private money lenders are ideal for consumers with poor credit
Most traditional lenders look at a borrower’s credit score. They verify your income and investigate past activities. It means that someone with a checked credit past will have a difficult time, and in some instances never get approved. If this happens to you, your only choice is to work with a hard lender. While the rates of interest for a hard money loan are higher than conventional loans – if the deal is still profitable, it may make sense to spend the money.
Hard money can be used for Commercial properties
Many real estate investors who need 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 percent, with terms ranging from 6-24 months. We offer amazing customer service, with no hidden fees, or bait and switch tactics. We do not charge early payment penalties, and there are no income requirements. There are no minimum FICO scores, and we have minimal paperwork. We provide commercial, hard money loans for multifamily properties, office buildings, retail locations, industrial buildings, and more. We have helped a wide array of commercial property investors secure hard money for a variety of commercial properties. We work with real estate agents and hard money brokers that are looking to help their clients receive a private money loan. We have financed countless commercial loans and can work with all kinds of borrowers. Underwriting a business hard money loan takes a whole lot of effort and requires a knowledgeable 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

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