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

Indiana Fix and Flip Loans

Fixing and flipping real estate is rising in popularity among investors. Although you can profit handsomely from flipping homes, there are some significant roadblocks to get started. The biggest hurdles are cash and financing. The good news is you have an array of options to finance your first fix and flip property. Here are the most common types of loans to get you started in your real estate flipping journey. 

Home Equity Loans/Line of Credit 

If you have a minimum of 20 percent equity in your primary home, you can gain access to that cash using a home equity loan or line of credit. These loans offer a way to draw from a pool of funds to get started flipping homes. 

Equity is the current value of your home versus how much you owe on your mortgage. For example, if the current market value of your home is $100,000 and the principal balance of your mortgage is $80,000, you have 20 percent equity in your home. You can take out a home equity loan or line of credit to get cash for a fix and flip property. 

Personal Loans 

If you do not need a lot of money to finance your first investment, you can opt for a personal loan. The interest rate on these loans are very reasonable, but they do require that you have a good credit score. A big benefit attached to personal loans is you can use the funds for practically anything you want. 

Most personal loans cap how much you can borrow at $50,000. So, if you want to start small with your first deal, a personal loan is a good place to start. The terms on these loans range from three to seven years, so it is beneficial if you are an investor who does not want to be tied into long-term financing. 

Owner Financing 

Also known as seller financing, this scenario lets you finance the purchase of a home directly through the seller. Instead of qualifying for a traditional mortgage from a bank, the seller lends you the money. You then make monthly payments directly to the seller. 

Just like a regular mortgage, you will need to make a down payment and pay interest. The loan will come with repayment terms, and you must have an agreement with the seller in writing. It is entirely up to you and the seller to come up with terms of the loan, but owner financing gives you an opportunity to structure terms based on your own unique financial situation. Traditional mortgages are not built for your own convenience. 

Hard Money Loans 

These loans are popular among real estate investors. Instead of receiving funds from a bank, these funds come from private investors. One of the biggest benefits is the qualification requirements are not as strict as regular lenders. Hard money lenders typically do not approve you for financing based on your credit, income or assets. Instead, you qualify based on the value of the investment. 

The terms for hard money loans can range from one to two years. Also, you do not receive the loan proceeds in one lump sum payment. Hard money lenders give you a portion of the loan proceeds as you complete renovations on your fix and flip. You will only pay interest on the funds you use from the loan to complete repairs. Once all renovations are complete, the principal balance of the loan becomes due. 

Final Thoughts 

This is only a short list of the loan options you have for fixing and flipping properties. Crowdfunding platforms, 401(k) loans and loans from family and friends are other options to choose from. You can also use a combination of these loans to flip your first property, or you can go through traditional lenders to finance your real estate investments. No matter what avenue you pick, that cash barrier is not as big as you think.

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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