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Louisville 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

Louisville Hard Money Loans

Have you ever heard of hard money loans and wondered what they are all about? These are loans that are taken by real estate investors to finance their property acquisition processes. Unlike the other loans that you get from banks and other financial companies, these do not require you to provide anything other than property as collateral. It is the attachment to property that the name hard money was coined. You may not know much about this if you have never been involved in real estate. To help you understand more about Louisville Hard Money Loans, check out the facts explained below.
 
The property you can offer
 
When submitting your application, the company will ask you to provide a property that will be used as collateral. You need to know that they will be coming to verify the existence and ownership of the property. Therefore, the first thing is to ensure that there are no disputes related to that property. Sometimes, there may be a court case on the property meaning that its future is not certain and so, it will not be accepted. You should also check the property value so that it matches with the amount of loan you are requesting.
 
People who qualify for these loans
 
As long as you are a real estate investor and you have the property that you can attach as collateral, you are good to go. However, you need to understand that it is not an automatic approval. Each company has their unique way of determining who gets loans and so, you should check their terms and conditions. It is not surprising to be turned down by one company only to be quickly accepted by the other. It is because they have different methods of evaluating their customers and so, you have to find where your right fit is.
 
How these loans help real estate investors
 
Louisville hard money loans would not be so popular if they were not helpful to the investors. These loans have been used to grow firms from scratch. A good situation is when you are bidding for some property, but you do not have the cash to pay for it. You know that you can resell it at a higher amount, but you are short of money. When such a situation occurs, you can use one of the other properties that you own to secure a loan. Once you by, you can remodel and sell it at a higher price, pay your credit, and keep your profits.
 
How these loans are processed
 
The processing of these loans is entirely different from what happens with the other types. To start with, it is a relatively short process. You will be surprised to find out that the lender is only interested in knowing a little information about you. The only thing that may delay the approval is the assessment of your property. Once this is done, your loan will be approved, and you will have it in a few days. This is amazing especially when you remember that there are people who apply for mortgages and wait for several months before getting a response.
 
Why they are better than traditional loans
 
The speed at which these loans are processed is the most important thing that puts them ahead of any other borrowing option. If you consider the urgency of money when it comes to this industry, you will agree that investors have no time to keep waiting especially when they are not even sure that the loan will be approved. In addition to that, people like it because of its simplistic nature. It feels like borrowing from a friend because the loans are short term meaning that you will have to settle them in under 24 months.
 
To be sure of getting the best Louisville hard money loans, you have to search for those that have been helping real estate investors for long. These are the companies that can guarantee good relations so that at the end of the day, both parties are happy. You should talk to them about their interest rates because it will help you to know how much money you will pay at the end of the deal. In addition to that, you may want to know if the payment period is flexible or fixed to their terms.

Hard Money Loans

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