Murfreesboro-Tennessee

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

Murfreesboro-Tennessee

If you’re planning on going for a hard money loan, you probably already know all of the benefits of getting one. In order to qualify for your loan, you’re going to have to make sure that you meet all of the requirements. Hard money loans are great lending options for people looking to invest in real estate, but there are details about them that the borrower needs to understand before taking them on so that everything is perfectly clear.

A hard money loan is an excellent short-term real estate loans extended to investors who are looking to invest in real estate. The terms are short, usually lasting anywhere between six months and three years, and lenders can have money to you in as little as a week or less. This makes them great deals for people who are interested in taking advantage of quick-moving real estate deals in fast-paced markets.

Hard money loans are perfect for funding short-term real estate deals.

It makes sense to get a hard money loan when you can’t find funding anywhere else for a short-term real estate deal. Finding money to fund short-term real estate deals is extremely difficult when dealing with traditional lenders and banks. Those institutions tend to shy away from these types of loans since they’re inherently risky, and they can’t guarantee they’ll get their money back. Hard money lenders thrive in this market, providing money for borrowers for exactly these types of loans.

Hard money lenders use your collateral to qualify you for your loan.

When traditional banks qualify you for a loan, they look at your credit rating. They check your score, looking for bankruptcies ad foreclosures so that they can make a decision as to whether or not they’ll extend you the loan. When it comes to hard money lenders, they’re looking at the value of the collateral that you’re bringing to the table. That collateral could be the property you’re purchasing or property you already own.

Hard money loans tend to have higher interest rates than other types of loans.

Hard money loans tend to have higher interest rates than other types of loans. The interest rate varies from lender to lender, but in general, rates range from from five percent to as high as 15 percent or higher. Hard money lenders charge higher rates because the investment real estate market is inherently risky, making lending even more risky. Most people realize that the higher rates are simply the cost of doing business in order to benefit from the positives that come from getting a hard money loan.

You can get money quickly with a hard money loan.

One of the biggest benefits of getting a hard money loan is that borrowers can get their money quickly. While traditional loans can take as long at 30 to 45 days or even longer before you get your loan, while hard money lenders can get you your money is as little as a week or less. This is great news for investors who need their money quickly. Real estate deals are frequently only available for a short period of time, so being able to access funding quickly is key.

Make sure that you’ll be able pay off the balloon payment at the end of the loan.

You’re going to have to pay off the total amount of the loan at the end of the loan period, minus any interest and principal you may have paid off ahead of time. The goal is to have the investment property sold off by the time the loan comes due. If you’re unable to make the payment by the due date, you should have plans in place to refinance the loan. Make sure you set up a refinancing plan far in advance of the final due date so that you have a smooth transition.

Hard Money Loans

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