Loans for Rentals, New Construction and Fix & Flip in Delaware
What makes Delaware great for investing? It's the center of the largest consumer market in the United States and is the most cost-effective location between Boston and Washington, D.C. Our program offers the ability to incorporate with ease and speed and the ability to get a modern, flexible workspace.
Delaware Loan ApplicationInvestment Properties in Delaware
Delaware has some amazing qualities, making it a great market for investment. Delaware is home to major companies, As you know, because of tax incentives, many businesses call Deleware home. The State of Delaware still has plenty of great companies that call the state home by hosting corporate offices there. Some of these businesses include Nestle. DuPont. AstraZeneca. The Bancorp. British American Tobacco. Integrity Staffing. While many companies may not have their offices directly in the state, enough large companies provide ample opportunity for rental income, office space leasing, or house flipping to executives. . These opportunities make it a desirable place to live for many recent graduates and young professionals.
Delaware's demographics are relatively diverse in age. 25 to 34-year-olds make up 13.9% of the population, while 35 to 44-year-olds make up 16.3%. 45+ year-olds make up 29.6% of the population.
Don't let its size fool you. Delaware is a state that has a lot to offer. You'll soon realize what makes the second-smallest state in the US one of the top destinations to visit in New England. Things To Do in Delaware · 1: Dover International Speedway · 2: Hagley Museum and Library · 3: Air Mobility Command Museum · 4: Rehoboth Beach · 5: Brandywine
Delaware, although a relatively small city, has the advantages of many cultures of people inhabiting the city. From the Germans, Italians, Polish and Irish to the Puerto Ricans, Africans and Greeks, each culture exposes thier heritage by means of large celebrations, festival and parades that equal those large cities. The city is for the most part an undiscovered cultural gem, with beautiful large colonial mansions adorning its parkways, fabulous upscale and affordable restaurants and clubs. The city life in Wilmington is on the rebound. Many former run down and vacant areas are being revitalized by restoration and rebuilding! Like all cities it is a work in progress. It is definitely something exciting to be a part of and a visit, short or long, would only prove the fact.
Incredible investing opportunities exist for fix and flip properties, new construction, and long-term rentals in Delaware. Apply with Lend Some Money today to get started with the funding you need.
Delaware's demographics are relatively diverse in age. 25 to 34-year-olds make up 13.9% of the population, while 35 to 44-year-olds make up 16.3%. 45+ year-olds make up 29.6% of the population.
Don't let its size fool you. Delaware is a state that has a lot to offer. You'll soon realize what makes the second-smallest state in the US one of the top destinations to visit in New England. Things To Do in Delaware · 1: Dover International Speedway · 2: Hagley Museum and Library · 3: Air Mobility Command Museum · 4: Rehoboth Beach · 5: Brandywine
Delaware, although a relatively small city, has the advantages of many cultures of people inhabiting the city. From the Germans, Italians, Polish and Irish to the Puerto Ricans, Africans and Greeks, each culture exposes thier heritage by means of large celebrations, festival and parades that equal those large cities. The city is for the most part an undiscovered cultural gem, with beautiful large colonial mansions adorning its parkways, fabulous upscale and affordable restaurants and clubs. The city life in Wilmington is on the rebound. Many former run down and vacant areas are being revitalized by restoration and rebuilding! Like all cities it is a work in progress. It is definitely something exciting to be a part of and a visit, short or long, would only prove the fact.
Incredible investing opportunities exist for fix and flip properties, new construction, and long-term rentals in Delaware. Apply with Lend Some Money today to get started with the funding you need.
Delaware
Loan Summary Information for Delaware
Getting the right funding in Delaware can be challenging but we can help; Lend Some Money (LSM) offers private money for real estate, built for your local investment needs in Delaware. Whether you flip houses, or are interested in building a new home to sell, or a rental for the long term, LSM has a product that can help. We are one of the premier hard money lenders in Delaware. Read on to learn more about our current offerings in Delaware.
| Loan Products | FICO | $ Loan | Term | Rate | Points |
|---|---|---|---|---|---|
| FIX&FLIP (BRIDGE) | 620+ | $75K+ | 12-24 Mos | 10.25%+ | 2-4 |
| RENTAL (1-4) | 660+ | $75K+ | 30-Yrs | 7.59%+ | 1-4 |
| RENTAL (5+) | 680+ | $250K+ | 30-Yrs** | 7.89%+ | 2-5 |
| NEW CONSTRUCT | 650+ | $75K+ | 12-24 Mos | 10.89%+ | 2-4 |
All loans must be used for non-owner occupied properties purchased for investment. Commercial properties are not eligible for lending unless they are mixed use and comprise at least 50% residential use.
** 30 Years 5, 7, 10 or interest only