Killeen-Texas 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

Killeen-Texas Hard Money Loans

Given its close proximity to Austin, it is little wonder that real estate investors are finding many opportunities in Killeen. There is plenty to be excited about, which is why so many people are looking for financing today. If you are an investor or developer who has grown frustrated with the process required to get a conventional mortgage, you are not alone. Many people find that they do not even qualify after waiting weeks or months for a decision. The issue is the reason that you are wanting to purchase a piece of property in many situations. That is why you will want to know more about the existence of hard money loans and why they might work for you.

What Is a Hard Money Loan?

This is a type of financing meant only for real estate investors and developers. If you can show a need for quick cash to close a deal on a piece of property that will have built-in collateral already, you might be a prime candidate for a hard money loan. One of the major advantages is the fact that the application process is much more streamlined. This is not a conventional mortgage, you are looking at getting the cash you need in less than a week in many cases.

Here are some specific types of loans that you might be looking at.

A Loan To Fix and Flip a Property

Killeen has many homes and office buildings that are in need of repair. These can often be purchased quite cheaply. If you have found a good deal, you might want to talk to Delancey Street about the possibility of getting a fix and flip hard money loan. You will get the cash you need to buy the property. Then, you will immediately set to work on remodeling the building, after which you will hopefully sell it for a nice profit. It is then that you will pay off the loan in full.

A Loan To Occupy a Building

Remember that hard money loans are meant to be a short term financing solution, and that they are typically for investment and development purposes. As such, it is not common to see them be granted for the purposes of occupying a dwelling, but that is not to say it doesn’t happen. This type of loan would be to purchase a home or building that you personally intend to occupy, working then to refinance the loan or demonstrating how it will be paid off within a few years.

A Bridge Loan

With this particular loan, you are meant to quickly purchase a property that you will then sell right away. You might also have another property that is closing not long after you get this loan, and you will then use those proceeds to pay off the new deal. Another possibility is to refinance the loan.

A Construction Loan

There are many pieces of land around Killeen ready to be developed. If you need money to get that construction started, this is the type of hard money loan you would look for. You will get the cash you need to complete the structure, after which you will sell it or refinance the loan.

Contact Delancey Street

You will not be going through a traditional bank lender to get a hard money loan, as you would for a conventional mortgage. If you are ready to discuss your options, you can just contact Delancey Street to get the process started. You will find that the process is much easier than you were expecting and that this is a way to finance short term deals and get you the capital you need to continue investing in Killeen real estate.

Hard Money Loans

Need funding for your next project?

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