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

Hard Money Loans Virginia

What distinguishes Virginia hard money lenders from normal lenders?
The main difference between traditional lenders and  hard money lenders is the fact hard money lenders are asset based lenders. They entirely revolve their decision based on on the collateral associated with the by the person requesting the funds. But, traditional lenders hone in on your credit and liquidity. It is critical to remember hard money loans are not great for the long run. The purpose of a hard money loan is to be a bridge loan that gets you the real estate you are attempting to acquisition. Hard money lenders focus on 6-24 month termloans that generate a great ROI. If you are unable to repay the loan you took, a hard money lender can take possession of your property in order to repay his/her loan.
Why is a hard money loan a bad idea?
There’s plenty of reasons reasons why a hard money loan is a terrible idea. For example, hard money lenders often charge higher interest rates. This is because of the fact hard money lenders think they are taking huge risks by lending on an investment property – and want to be reimbursed at a higher rate than what a bank would charge. High interest rates make hard money loans economically toxic for some types of deals. Moreover, hard money lenders have much shorter terms than conventional lenders – that also makes them unattractive. Institutional lender offer 30 year periods but hard money lenders offer only 1-3 year loan terms.
Hard money lenders can finance your deals fast
Hard money lenders assist a very specific group of people, i.e. property investors. Hard money lending is a type of bridge term lending, which is secured by property. Specifically, the people who use hard money loans are generally property investors – typically, those who are being denied a conventional loan due to stringent guidelines.
Hard money lenders exist because they are fast, and offer loans with little to no headaches. Hard money lenders have a fast application system. They expect collateral and don’t look at your credit rating. They focus on your experience, as opposed to your credit score. In case you have a bad financial history, it’ll be much easier to obtain financing with a hard money loan rather than a conventional loan which is granted based on your credit report. Below are situations where hard money lenders fill a void that traditional lenders don’t touch:
Virginia Hard money loans can be used for repair and flip property investors
Most traditional lenders will not offer you a loan to get a fix and flip job. If the house is in poor condition, or there’s some other abnormality with the home, then a traditional lender won’t give you funding. In addition, most reverse and fix prospective deals”go fast.” The seller is extremely motivated to sell the property, and will accept the first offer. Traditional lenders take forever, so by the time the loan is approved – you have already lost the property because someone paid money for it. If you have a hard money lender on your side who will close a loan in 5-10 days, you can get the fix and flip property.
Hard money loans are ideal for people who don’t have great credit
Most traditional lenders look at a potential borrowers credit score. They look at your income and explore past delinquencies. It means that somebody with a credit score will have a challenging time, and in some instances never get approved. When this occurs, your only option is to work with a hard money lender. While the interest rates for a hard money loan are higher than conventional loans – if you can still make money, it may make sense to take the money.
Hard Money Loans Can Be Used For Commercial Real Estate Investments
Many real estate investors who want a commercial real estate can get hard money loans from a commercial hard money lender. At Delancey Street, we lend on commercial properties throughout the USA, with rates as low as 7 percent, with terms ranging from 6-24 months. We provide amazing customer service, with no hidden charges, or bait and switch tactics. We don’t charge prepayment penalties, and there are no income requirements. There are no minimum credit score requirement, and we have minimum paperwork. We provide commercial, hard money loans for multifamily properties, office buildings, retail locations, industrial buildings, and much more. We have assisted with a wide array of commercial real estate investors secure funding for many different commercial properties. We work with real estate brokers and hard money brokers who are trying to help their clients receive a personal money loan. We’ve financed countless commercial loans and will work with all types of borrowers. Underwriting a commercial hard money loan requires a whole lot of effort and requires a motivated team.
We Provide West Virginia Fix and Flip Loans
Real estate investments can be some of the most lucrative of all investments. If you invest in the right property, and have a good lender behind you, you can truly get things done in this industry. Fix and flip loans make it possible for anyone, even those with bad credit, to benefit from real estate investments. A traditional fix and flip loan is a hard money loan that helps someone, regardless of credit history or income, buy a bargain house, fix it up, and sell it back for a profit. Unlike traditional real estate purchases where someone buys a house so that they can live in it, a fix and flip buy is done solely for the purpose of making a profit when you put the house back out on the market.
The application process is incredibly simple and informs us about your project and objectives. No matter what your plan is, there’s a great chance that we can help you get a fix and flip loan that will feature competitive interest rates and great customer service/guidance along the way. That’s because we know a LOT about these loans.
No Credit Check Hard Money Loans
There aren’t many loans in the world that you can get even if you have bad credit and limited income. Most lenders want to know that you already have the money to repay them, regardless of how your enterprise goes along the way. With hard money loans, things are different. You’re not going to be approved because your credit rating is great or because you have a huge income. In fact, you may have very little income but still need a large sum of money to purchase the house you have your eye on for a fix and flip. With hard money lenders, we use your property – in this case your investment property – to approve you for the loan. . We love partnering with people who have great fix and flip ideas and who trust us to be with them every step of the way. It’s why we’ve been successful in our own business.
Since you don’t have to have a great credit rating or minimum income, it’s easy to get you set up and approved for this loan IF you have a business plan in place. It’s our job to ensure that your plan is solid, and we will certainly talk with you at length about just why your fix and flip is going to work. We strongly believe in the power of people to achieve their dreams, and we’d love to help you achieve yours.
Why You Should Call Today
As we always mention, Delancey Street is a firm that believes in the go-getters. We love people who love to “do” and take action. Call us today to get started on your fix and flip loan application. We’ll take the time to answer all of your questions, listen to your concerns and comments, and let you know just why we’re the right lender for your specific fix and flip job.

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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