West Virginia Fix and Flip Loans

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

1

High LTV

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

2

Fast

We promise to treat you like a partner

3

No $ Limit

No limits on what we can do for you.

Business Funding

Our client was a trucking company based out of NY, that needed quick funding. In 24 hours, we arranged $100,000 in funding.

Raised
APR
ARV
700,000
9,0%
60%
100% Funded!

Residential Refinance

We funded a purchase in California, for $1.2 million with 65% LTV. We helped the developer with with a 11% loan with balloon payment.

Raised
APR
ARV
1,200,000
11%
82%
100% Funded!

Lawsuit Funding

Client was injured in a car accident and needed a cash advance on the future value of his lawsuit. In 48 hours, our funders wired funds over.

Raised
APR
ARV
830,000
8,99%
75%
100% Funded!

PARTNERS FIRST.
LENDERS SECOND.

Hear from people we've helped

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

Leo kovacz

Founding Partner (Zooomr Car Leasing)
Delancey Street funded our e-commerce shop and really gave us the chance to grow our business significantly.
Delancey Street makes lending easy. They took a chance on me when no one else would and helped my...

Steven Goldman

Founding Partner (Goldman & Associates
Chicago Lawyer)

Industries We Service

Cannabis
Residential Real Estate
Commercial Real Estate
Startups

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

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:

Minimum Qualifications Requirements

Delancey Street’s team consists of builders, developers, hard money lenders, and entrepreneurs. We understand your project has unique needs, and not every project is going to be easy and be ideal. These are general guidelines which should be interpreted as a suggestion, rather than mandatory.

At the end of the day, we look at you – just as much as the quality of the deal and the qualifications.

  • Risk Free. No Application Fees.
  • Decisions Within 48 Hours.

Hard Money Loan Guidelines

Speed We close within 24-48 hours
Paperwork Not much
Qualification Project and LTV matter. We don’t care about your credit.
Maximum LTV 80-90%
Loan Terms 12-48 Months

It’s Simple

  • 1 Tell us your financial request
  • 2 We consult & provide terms
  • 3 We finalize the transaction

Get pre-qualified

  • Looking to purchase a property
  • No obligation and no effect on y
Get pre-qualified today

West Virginia Fix and Flip Loans

You have good friends who have made themselves a small fortune by tapping into property opportunities in West Virginia. They’ve flipped houses with great outcomes. You’re ready to do the same, but you want to find projects that need some work. You can get properties in need of repair at a much better price. In some cases, it may be a home that has been abandoned for some time, resulting in damages. You could be scoping out foreclosures listed by the bank or home sales available at auctions to get a really low purchase price. You need to look beyond the damages at the underlying structure. If the house has “good bones,” or a decent foundation, it has the potential to make money for you. The less you have to lay out, the more room you have for profit. You’re ready to be a part of the fix and flip craze in West Virginia. The question is how can you afford it?

Where Can You Get the Money for a Fix and Flip Loan?
Your bank should not be your first choice for a fix and flip loan in West Virginia. Taking on a house in need or repairs could be considered too risky for your traditional lending programs. Home mortgages are generally offered for longer terms. Think of a fix and flip loan as one in which you expect speedy results. You hope to pay back your loan quickly. At the same time, you expect to see a profit. Your first fix and flip loan could lead to many more projects, each building on a successful track record. You could get a hard money loan, getting instant cash that uses your property as collateral. Venture capital that comes from the private sector could be the answer for you. Creative financing is another possibility.

Turn to Your Bank for More than a Mortgage
You don’t have to get a mortgage for your fix and flip loan in West Virginia. You could ask for a considerable amount, such as $50,000, for a personal loan. Home equity loans are another alternative. You can usually get up to 85% of your homes value when you choose a home equity loan. Depending on the value of your home, that could be more than enough for to make your West Virginia fix and flip dream a reality. If you run a business, a line of credit might work. If you don’t own a business yet, your fix and flip projects could become your small business, opening the door to financing opportunities.

Turn to Someone Who Has Similar Goals
This might be your chance to find a partner for your West Virginia fix and flip adventure. Talk to someone you trust about becoming your business partner. It could be a co-worker, your best friend, or someone in your family. Really think about your choice. You don’t want to cause friction and hard feelings when obstacles arise.

Find Out Who Your Friends Are
As you consider diving into a fix and flip property in West Virginia, this could be the time when you find out who is willing to take a risk with you. Good friends and members of your family may have have the means to loan you money for your project. When you approach them, you need to make it clear that you plan on repaying them in a short amount of time. You just need someone who will help you to get started. Don’t be forceful or disappointed if it doesn’t work out. It just means you need to find other lending opportunities.

Do Your Research First
Before you start looking for lending sources, you should go the extra mile. Hunt down your property. List all your costs, including the property itself, repair work, and the fees that are behind the scenes. This means your taxes, the cost of electricity, water, and sewage. You have to remember that real estate will get a percentage of your sale, unless you decide to sell it by yourself. You can be a part of the fix and flip trend in West Virginia. You simply need to plan for it first.

Hard Money Loans

Need funding for your next project?

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