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

Nebraska Fix and Flip Loans

When trying to obtain funding for a fix and flip project, it quickly becomes apparent traditional bank loans may not be the best option. A house flipper is a real estate investor. This means their income may be seasonal as well as irregular. It is also the reason a bank may not a good choice for financing. Banks provide loans that are long-term. Most individuals who fix homes and then flip them want to purchase a property quickly, do the necessary renovations, and then sell it. The entire process is often completed in a few months. There are options available to obtain funding for a fix and flip project.

Family Or Friend Financing
Getting funding to fix and flip a property from friends or family is always a good option if possible. Personal connections are where most people should look for with fix and flip financing. In this situation, it is still important to have loan terms in writing. This is a way to make certain both sides are protected. It’s also essential to follow all securities as well as IRS laws that apply to investments involving members of a family.

Financing Partner
It is possible for networking to produce some very beneficial partnerships when it comes to fix and flip opportunities. The profits from a fix and flip projects can be shared based on what each partner provides for it. One partner can discover the fix and flip opportunity, and another can supply the funding and another could oversee the renovation.

Line Of Credit Or Home Equity Loan
A common way to fund a fix and flip project is for people to tap into their home’s equity. Those who want to obtain fix and flip funding should have a minimum of 20 percent equity in their primary residence. A home equity line of credit, or a home equity loan, may provide the necessary funding. In this situation, a homeowner will only have to pay interest on the money they use. A homeowner line of credit will provide a way to borrow funds up to the limit as needed. A home equity loan provides a lump sum.

Retirement Financing
Some successful house flippers have used their retirement savings to finance a fix and flip project. This may not be a good idea for someone approaching retirement age but many young individuals have been able to take a loan from their 401(k). It has been worth it in their situation.

Seller Financing
It is also possible to get fix and flip funding by using seller financing. The seller of a home will take the role of being the lender in this situation. A homeowner will finance the deal involving the fix and flip project.

Hard Money Loans
Hard money lenders are often interested in fix and flip projects. This is a loan from an individual or a private investor. These lenders are known for having lower qualification requirements. Some can provide funding in as little as one week. These lenders will charge a higher interest rate and add on fees. All this can make it an expensive loan. These are loans designed for the short term to help a project’s renovations be completed so it can be sold as soon as possible. Many hard money loans will have a term of one year.

Business Line OF Credit
There are individuals who have a track record of successful house flipping. They will have a regular income. It’s possible for these individuals to qualify for a business line of credit. Once they have been approved, a house flipper is able to use a business line of credit to pay for only what they need to complete a project. This is a benefit when a house flipper is uncertain how much a property’s renovations will cost or the time it will take to complete the renovations. Some individuals with a history of significant income and successful fix and flip projects have gotten a business line of credit of up to seven figures.

It is possible for a home flipper to utilize a combination of financing methods to complete their fix and flip project. When someone is able to complete more and more successful fix and flip projects, they will develop a reputation with lenders and investors in the real estate community. This will result in more investors and lenders being interested in working with them. It will increase their funding options for their fix and flip projects.

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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