Delta 8 Capital can provide hard money loans to borrowers that have the opportunity to buy their loans at a discount, from their current lender.
As a Texas Hard Money Lender, Delta 8 Capital is able to move quickly to fund these types of transactions-since time is normally of importance.
1-A borrower had a loan with their bank for $1,000,000, and the bank was willing to discount the note to $600,000, if the borrower could refinance quickly. Delta 8 Capital was able to provide a hard money loan to the borrower, to purchase his note at a discount. After a few months, the borrower was able to refinance his Delta 8 Capital hard money loan with a local bank.