Victorville-California

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

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.

Hard Money Loans

Need funding for your next project?

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