Best Delaware Investment Property Loans (Hard Money - DSCR) - Easy Street Capital!

[Robin Simon]

Easy Street Capital is proud to be a leading private lender for the First State! We offer industry leading Hard Money and DSCR Loans for every type of Delaware Real Estate Investor. Easy Street Capital is the investment property loan provider for real estate investors of all experience levels and specialties, including popular strategies such as Short Term Rentals, Fixing and Flipping and the BRRRR Method! Our Delaware DSCR Loans are perfect rental loans for the long-term real estate investor looking for cash flow. Our Delaware Hard Money Loans are ideal for renovators looking to add value through rehabs or ground-up construction!

Check out the rest of this Delaware Investment Property Loans page for all the information you need on our loan programs. Check out recently funded rental loans, information on all of our loan programs, FAQs, market analysis and more!

Real Estate investors looking for cash flow and appreciation are flocking to Delaware to build rental portfolios. The First State is a current favorite of real estate investors due to many factors including a strong and stable economy, a growing and highly education population with a healthy demand for housing! Easy Street Capital is proud to be a leading provider of investment property loans for real estate investors looking to build rental portfolios in Delaware!

Types of Investment Property Loans for Delaware Real Estate Investors

When it comes to real estate investing in Delaware, there are a variety of markets and types of investment property loans to choose from. Delaware has plenty of older properties in need of renovators to restore them to rent-ready status. For investors adept at rehabbing older properties, hard money renovation loans are a perfect choice! These investment property loans allow you to buy a property quickly and finance your rehab costs as well! Once you are done, you can either “flip” the property for a quick return or pursue the BRRRR Strategy by renting it out and then refinancing into a long-term, low-rate DSCR loan!

Long-term DSCR Loans are also great for investing in turnkey rental properties. Turnkey refers to properties that are already rent-ready and require no renovations. Move-in ready single family homes and multi-unit properties (such as duplexes or triplexes) are great for cash flow and price appreciation. Most DSCR Loans are fixed rate for thirty years, locking you into a fixed interest rate for the long-term. While, if historical patterns continue, rents and appreciation increase steadily each year. Bottom line, debt costs stay the same while cash flow increases!

Delaware: Landlord-Friendly State

In terms of regulation, Delaware is considered a landlord-friendly state. Owners of rental properties, such as typical DSCR Loan borrowers, are secure investing in the state. Unlike some other states, Delaware does not have any form of rent control. This means rental property owners are free to set rents at whatever level the market will bear, giving them the flexibility to maximize rents and cash flow.

In addition, if a tenant fails to pay rent or violates the terms of their lease, Delaware rental property owners can begin the eviction process relatively quickly. For example, landlords can serve a tenant with a “5-day notice to quit” if they fail to pay rent. After just five days, the landlord can file a complaint for eviction in court. This provides landlords with a legal recourse to promptly address tenant issues, ensuring they can maintain the profitability of their investment.

Overall, Delaware is a landlord-friendly state that offers many advantages for investors interested in rental properties. With its favorable rental market conditions, landlords can enjoy the freedom to set rents at market rates and take necessary actions to protect their investment.

Where To Invest In Real Estate In Delaware

Delaware is a favorite market for real estate investors because despite it’s small size, it has diverse options. There are varying markets that offer great potential for each type of real estate investor. Wilmington is the states largest city and capital and the economic powerhouse of the state. Newark, Delaware (not to be confused with Newark, New Jersey) is the third largest city and home to the University of Delaware. Dover is the capital of the state and second largest city. Middletown is a fast-growing market, with good proximity to Philadelphia, Baltimore and Wilmington. Finally, Rehoboth Beach, known is the “Nation’s Summer Capital,” is a great market for beach vacation rentals.

Wilmington

Wilmington is the largest city in Delaware, with a population of over 70,000 people. The city has a diverse economy with a mix of industries such as healthcare, education, and finance. Wilmington is home to several major corporations, including DuPont, Bank of America, and JPMorgan Chase. These companies provide a solid employment base for renters. Additionally, the city has a growing healthcare industry, with several hospitals and medical centers located within the city limits.

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Are you a Property Manager, Full-Scale Mortgage Broker (including Conventional, Non-QM) in Delaware? We are looking for trusted professionals in Alabama to refer our investor borrowers too! Comment or DM me to discuss, and we can potentially feature you on our website!

[Robin Simon]

Recent Delaware DSCR Loan from Easy Street Capital

💵Just Funded💵
$144,000 Refinance DSCR Loan on a Single Family Rental in Wilmington, Delaware! This is the FIRST Delaware DSCR Loan for Easy Street Capital!, now having funded loans and helped real estate investors in 45 States! Only 5 More to Complete the Set!