Hard Money Lenders In Delaware
Located in the Mid-Atlantic region of the United States, Delaware is home to over 25,000 of America’s millionaires, half of the businesses listed on the NYSE, and 60% of the Fortune 500 companies, making it an affluent place to live and work. InstaLend regularly serves brokers, borrowers, and real estate operators in Delaware who want to start or expand their real estate portfolios.
About Delaware
Delaware’s higher-than-national-average annual income yet affordable cost of living earned it a 77.90% rate of home ownership as of January 2020. With so many people owning their own homes, the market is hot for new real estate investment opportunities. There are a wide variety of types of homes in Delaware ¬– from quaint cottages to sleek apartments, there’s something for everyone. Furthermore, the more relaxed pace of life compared to larger nearby cities has drawn many people to explore home ownership and rentals in the state. This is good news if you’re planning to flip or sell your Delaware home, since you will be likely to find a buyer.
Our Lending Products
- Fix and Flip Loans in Delaware: Real estate operators in Delaware who want to purchase, remodel, and sell homes for profit utilize InstaLend’s fix and flip loans. These hard money, short-term loans help people upgrade properties and resell them fast.
- Single Family Rental Loans in Delaware: Our single-family rental loans are designed for people in Delaware interested in purchasing or refinancing income-generating rentals, which just so happen to be one of the largest asset classes in the United States.
- Rental Portfolio Loans in Delaware: Portfolio loans in Delaware are intended for those who want to own multiple income-producing properties but are not interested in going through the hassle of multiple loan closings. InstaLend’s rental portfolio loans bundle these properties into one blanket loan.
- New Construction Loans in Delaware: Building a custom home involves certain costs associated just with the construction process. New construction loans are short-term, specialty financing that are ideal for people looking to break ground with new property.
- Multi-Family Bridge Loans in Delaware: Designed for those who want to purchase a 5+ unit property fast but cannot make an all-cash offer, multifamily bridge loans are financial tools that value the property instead of the income the property may generate. This valuation helps them close quicker than traditional loans.
- Multi-Family Term Loans in Delaware: Real estate investments in income-generating apartment complexes with 5 or more units use multi-family term loans from InstaLend to secure financing.
Why Choose InstaLend’s Real Estate Loan Programs in Delaware?
No matter how much experience you have with real estate, InstaLend's comprehensive yet simple investment property loan programs are designed to help you secure fast funding to make your next real estate investment. With no income verification or upfront fees, our single and multi-family rental loans are the accessible solutions you have been looking for.
At InstaLend, we take pride in our profound understanding of the local real estate market. We're not just lenders; we're astute analysts of the local property landscape. As a real estate lender InstaLend can equip investors with unparalleled knowledge and insights. Over the years, our extensive experience has helped us master the unique challenges and opportunities of investing in this vibrant region. From Wilmington's urban properties to the idyllic coastal residences of Rehoboth Beach, each opportunity is at our fingertips. We have a good grasp of the local zoning laws, building regulations, and property tax rules. And we proudly communicate this knowledge with you.
We understand that Delaware's real estate industry has distinct features: lower property tax rates, higher rental yields in university towns, and the booming beachfront vacation rental market, to name a few. We leverage these insights, tailor our advice, and customize our loan programs to meet each investor's unique goals. Whether you're considering taking out a fix-and-flip loan, a new construction loan, or a multi-family rental loan, we've got your back.
Our commitment doesn't stop at providing financial assistance. We consider ourselves partners in your investment journey. As hard money lenders we walk you through each step of the loan process. We demystify complex financial terms, share valuable insights on the potential ROI of your selected properties, and steer you in the right direction.
Our fast-lending solutions are known for being flexible and customizable. We understand that every real estate investment is unique, so we treat our loans accordingly. Trust our knowledgeable real estate lenders to help you every step of the way. Are you planning on applying for a real estate loan in Delaware? If so, feel free to call our team today at 929-523-8947.
References:- Delaware ranks 9th in percentage of millionaires. Delaware Business Now. (2018, February 8). Retrieved from https://delawarebusinessnow.com/2018/02/delaware-ranks-9th-percentage-millionaires/
- Homeownership Rate for Delaware. Trading Economics. (n.d.). Retrieved from https://tradingeconomics.com/united-states/home-ownership-rate-for-the-delaware-percent-a-na-fed-data.html