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

Miami Gardens-Florida Hard Money Loans

If you’re a real estate investor or looking to become one, an exciting new option is available in Miami Gardens, Florida. Hard money loans provide you with nearly instant funding to purchase, rehabilitate, and resell properties in the area. These loan programs are collateral based, so if you’ve been turned down elsewhere, you’ll still want to check us out. We have many different loan programs available for nearly any scenario.

What is a Hard Money Loan?

A hard money loan provides financing to fill the gap between the investor and the end purchaser of the property. Rehabilitation loans provide the opportunity to “fix and flip” the home for a potential profit. Bridge loans provide the investor an immediate approval to purchase a property without putting any money as a down payment. As real estate investors often have complex financial situations, these loans can be highly convenient and beneficial.

Hard money loans also offer lower monthly payments than traditional financing options. Interest only, balloon payment, and adjustable rate mortgages are commonly used to reduce the monthly cost while the property is listed for sale. While the interest rate may be higher than that of a traditional loan, the term is much shorter as well. Typically, hard money loans are paid off within a year or less with a maximum term of no longer than five years. Therefore, it’s important for the investor to have a solid plan to rehabilitate the home and immediately list it for sale. These loans aren’t meant for those who intend on holding or residing in the property due to their repayment structure.

How Do Hard Money Loans in Miami Gardens, Florida Differ from Bank Loans?

Bank loans are a great tool for primary residences, first-time homeowners, and tenant occupied investment properties. However, they’re not designed for temporary owners and rehabilitation projects. Conventional loans are government backed and often require insurance unless a sizable down payment is made at the time of purchase.

Credit is also a major concern with most traditional lenders. With hard money loans, credit isn’t viewed as a major determining factor although it is reviewed. Minimum credit scores, employment history, income, assets, and more are all scrutinized by traditional lenders. Since time is of the essence in real estate investing, this simply isn’t practical for most investors. Conventional lenders also aren’t in the rehabilitation business and tend to shy away from these loans even when offered by some agencies as a product.

With a hard money loan, you’ll want your finances to be in the best shape possible as the overall picture is taken into consideration. Even with non-traditional financing, credit is reviewed and does play a part in the determination. A more favorable credit score would qualify for the most favorable terms due to the reduced amount of risk.

What Documentation Do I Need to Submit for a Hard Money Loan Approval?

A recent appraisal with comparable home sales is always helpful as is a home inspection. This allows the borrower and lender to come to a mutual understanding of what the expectations are and how the loan would be mutually beneficial. Estimates are also helpful in a rehabilitation scenario. Whatever helps to support the value of the home prior to and after the repairs is helpful.

How Do I Apply for a Hard Money Loan in Miami Gardens, Florida?

Applying for a hard money loan is easy with our convenient online application. You’re also welcome to give us a call if you’d prefer. Our courteous and professional loan representative will review your request and make a recommendation. After that, you’ll be well on your way to settlement and receiving your funding. See why so many Miami Gardens, Florida real estate investors depend on us. Give us a call or reach out online and we’ll get you started, today!

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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