We help real estate investors get hard money/private money loans for their next project. Money and finances should never be the obstacle that stops you from succeeding. We regularly help 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 – and how we can help you capitalize on it. For years, our team members have been helping people capitalize on opportunities using hard money loans, private loans, reverse mergers, other financial vehicles.
We fund loans up to 80-90% LTV. We look at the value of your property, and your overall business plan when deciding whether to fund you.
We realize deals can disappear if you don't have fast funding. We promise to treat you like a partner, and work fast to help you get funding.
We're a growth focused private money lender. That means we work fast to fund your deal, and there's no limits on what we can do for you.
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.
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.
On the other hand, we denounce with righteous indignation and dislike men who are so beguiled and demoralized by the charms of pleasure of the moment, so blinded by desire.
If you’ve been on earth in the last few years, you’ve probably heard some folks enthusiastically talking about “flipping” houses. If it sounds fun and playful, rest assured that it is, but it’s also profitable to people. Some folks are so good at flipping houses that they can make an actual living out of it. This little primer gives you the basic definitions of the Fix and Flip real estate investment model, but be aware that there’s so much more to it that some people think of it as an art. It’s fun, it’s profitable, and it’s something to be proud of IF you can master the art.
The fix and flip is a basic concept. An innovative entrepreneur wants to buy a cheap house or commercial building in Modesto not to live in it but to flip it. The sole purpose of purchasing this type of real estate is to “fix” it and then “flip it” for a profit. Sound simple? It’s not. The concept itself is easy to grasp but unless you have a solid business plan and the backing of a good hard money lender, you’re going to run into a world of trouble and there’s always the possibility that you’re going to be stuck with a house that you have to sell at a loss. Delaney Street is a real estate hard money lender that is here to help you make flipping houses profitable, not a drain on your budget or dreams.
Did we mention we’re a hard money lender? That’s because we want to invest in real estate for the purpose of fixing and flipping houses. We don’t look at credit rating or income brackets before we approve someone for a loan. We look at the obstacles they face, the plan they have to overcome those obstacles, and the ways our funding can help this person achieve their dream… and ours. We believe in big dreamers, and as we like to say, the do-ers. If you’re a do-er, someone who has a true plan to fix and flip a house, then we can help you achieve your goals.
Hard money lending is different from traditional bank lending. Traditional banks lend in soft money ways. That means they look at your credit rating and income. Hard money lenders lend money based on assets, and for you, your chief asset is the house you’re going to flip. That means we’re going to share in some of the prosperity when you successfully flip your house and take in a big windfall of cash. That’s how we accomplish our own dreams, which is to lend money for the sole purpose of creating more money to go around.
If you love home repair, and you’re great at it, there’s a good chance that you’ll be good at flipping houses. Your first venture may land you a lot of money or it may teach you the ropes and enable you to have a more successful venture next time. Whatever your plans are, you’re not going to get anywhere unless you have the funding you need to get that house fix and flipped. Delaney Street professionals can help you. Our team is passionate about house flipping, and we know that the best resource for flipping a house is cold, hard cash.
You might have tried other forms of lending and found your dreams dashed at each and every turn. No worries. We don’t look at your previous failures or anything else other than what’s on the table right now. And while we specialize in hard money lending for fix and flip real estate ventures, we also help startups of all kinds to get their dreams off the ground. When other lenders turn you away to live in your dreams, we hand over the cash to help those dreams come true. It’s something we pride ourselves on and always will. Whether you’re an excellent home repairman with a knack for flipping houses or your dreams are simply in the planning stage, bringing us in as a partner is going to give you the cash and creative backup you need.
As with all dreams, house flipping often requires someone to believe in you before you can get that dream off the ground. Once someone believes in you, it’s off to the races. We would love to be the firm that helps you bring your dream to life. If you’ve got a specific house or property in mind, give us a call today and we can get started on your lending plan. We’ll be there for you every step of the way, sharing our expertise and previous successes. All it takes is one phone call to get started.
If you're in the #cannabis industry and thinking of going public, read this great article on our blog! https://t.co/ptKrJ4TatM
Hi this is a test tweet!#test
Just setting up my Twitter. #myfirstTweet