Hard Money Loans Virginia Beach

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

High LTV

We fund loans up to 80-90% LTV with no issues.


We promise to treat you like a partner.

No $ Limit

No limits on what we can do for you.

Recently Funded Projects

Residential Refinance
Residential Refinance

Residential refinance in Los Angeles, with a loan amount of $830k, at 75% LTV. We were able to help the investor get a loan at 8.99% with a balloon payment after 18 months.

8.99 %
100% Funded!
Residential Investment
Residential Investment

Delancey Street funded a new residential purchase in California, for $1.2 million with 82% LTV. We helped the developer with a loan at 11% with a balloon payment in 9 months.

11 %
100% Funded!
Residential Investment
Residential Investment

Property in New York was torn down, and redeveloped. We provided a 60% LTV loan for $700k. We charged no upfront fees, and had a balloon payment after 10 months.

9.0 %
100% Funded!

Hear from people we’ve helped

“Delancey Street makes lending easy. They took a chance on me when no one else would.”

- Leo kovacz

Industries We Service

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:

The Virginia Beach real estate market changes quickly. It might be a buyer’s market one money and a seller’s the next. There’s no real rhyme or reason as to what makes the real estate market shift so much, but there are some factors that might affect the market more than others. Consumer confidence is a big factor. When people feel comfortable that they can easily afford a mortgage, and they feel comfortable that they have job security, they are more likely to buy. Lower interest rates are a factor that plays into the confidence level of any consumer. When the Federal Reserve lowers rates, people are more likely to buy.

There’s not a specific reason the Virginia Beach housing market changes the way it does, but these tools are helping when it pertains to the fix and flip market. If you want to invest in real estate in Virginia Beach to fix up and flip for a profit, you must become familiar with the market. When it’s time to buy and flip, you must also be able to act quickly before the market has time to change again. This is why a hard money loan might be a helpful financial tool to have in your back pocket.

What’s A Hard Money Loan?

This is a loan that’s typically given to investors who want to buy a property that’s listed anywhere from 50 to 70 percent of the market value to flip. Hard money lenders are not your typical banks and credit unions. They are individuals looking to make their money make money, and they are other investors looking to make money off of your investment.

What makes a hard money loan work for you is the speed with which you can secure the funds necessary to purchase a property. The single biggest factor for fix and flip success is sped. If you cannot fix and flip a property quickly and efficiently, you lose money. A hard money loan lender counts on that effort. They give you money in a matter of days, but you are required to repay that loan inside of two years.

You do have the power to choose the timeframe in which you have to repay, but two years is the typical maximum. Six months to two years is the most common time frame. The other incentive to get you to pay back your hard money loan quickly is the expensive interest rate. These rates are much higher than traditional mortgage rates, and they can compound daily. You want to pay this loan off the moment you have the money to risk losing more of your profit.

What Makes This Expensive Form of Lending Worthwhile?

The fact that you are not required to wait for months to get your money is the biggest benefit of a hard money loan. The market changes quickly, and you might not have six weeks or more to wait on a traditional mortgage to fund. You could have the property fixed up and ready to sell in that timeframe. A hard money loan is issued within days of submitting your application.

Traditional mortgage requirements are also too strict for some buyers. Perhaps you have an imperfect credit history or you don’t have as much verifiable income as someone else. You might not even qualify for a traditional mortgage, or your lender might spend months trying to work your financial situation into a situation that works for them. A hard money lender just wants to know that the property you want to use as collateral is valuable enough that they can take it from you and get their money back and then some if you default on your repayment.

A hard money loan might not be for everyone, but it will work wonders if you’re looking to fix and flip the perfect property. From single family homes to commercial properties, the only stipulation is that you cannot reside in the property you’re working on. Hard money lenders are lenient, and they are willing to work with you on the specifics to make your loan work. That’s a valuable asset in the Virginia Beach real estate market.

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