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

Victorville-California

Many people have heard about hard money loans, but there are unclear as to whether or not they’re the right option for them. Hard money loan is a short-term real estate loan that extended to Real Estate Investors by individuals or organizations. Thanks to all of this flipping real estate shows oh, many people are interested in investing in real estate that they don’t have the funds to do so. Hard money loans could make it easier for people to get into the market who might not otherwise have a chance to do so.

Before you even think about hard money loans, it’s a good idea to learn the pros and cons.

Cons

Hard money lenders usually have high interest rates for their loans. This rate amount will greatly affect the final amount that’s due at the end of the loan term, and a few percentage points can make a huge difference in the the final price of the loan by as much as thousands of dollars.

Limited Regulation
Unlike traditional loans, hard money loans do not come under federal government regulation. This means that unscrupulous lenders are able to worm their way through the market, putting investors’ financial security at risk.

Short Loan Terms
Hard money loans usually last for just a short period of time, usually ranging between one and three years. Most loans actually only last a 12-month period. This means that the full loan amount will come do at the end of the loan. If the house is not sold, you’re going to be on the hook for that loan. This will force you to find another source of funding like refinancing.

Tricky Refinancing
Even if you decide to seek out refinancing, you may not be able to get it. This is because many banks require that a property be held for a certain amount of time before qualifying for refinancing. If your hard money loan comes due before you’re refinancing is approved, you could be in a serious financial bind.

Pros

There are several reasons that getting a hard money loan could be a really great idea.

Low Credit Scores Approved
One of the most exciting things about hard money loans is that you can qualify even if you have a really low credit score. Most traditional lenders will not touch you if you have a low credit score. Hard money lenders aren’t interested in your credit score. They’re primarily interested in the collateral that you’re bringing to the table. The real estate investment property that you’re buying is your collateral, and that will be used as a basis for the hard money lender supplying you with the loan.

They’ll Lend When No One Else Will
Traditional lenders tend to shy away from short-term real estate investments. They prefer to fund projects that are a sure thing, and short-term real estate is not a sure thing in their eyes. Hard money lenders, on the other hand, live for this sort of investment. They’re usually willing to work with anyone who has a good real estate investment business plan.

Low Wait Times for Money
As luck would have it, the best investment deals tend to land in front of you at the last minute. Sometimes you literally have no time to waste when it comes to becoming part of a potentially lucrative deal or investment opportunity. Traditional loans take a long time to get you the money, if you’re even approved. A hard money lender can get you the money that you need in as little as a week, allowing you to act quickly on those last-minute opportunities.

There many different ways that a hard money loan could be the absolute best option for you. As you can see, there are also cons, so check everything out carefully to make sure that it works for your financial situation at the moment.

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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