Hard Money Lender in Brookhaven, NY
Rates Starting at 10%
West Forest Capital is a leading hard money lender in Brookhaven, NY, offering up to $3 million in fast funding for real estate investments. Our quick approval process and reliable service help you close deals swiftly in Brookhaven’s dynamic market.
- Loans are funded directly by us, with no outside brokers.
- Pre-approvals are issued the same day you apply.
- Typical closings happen in 3 to 5 business days, with 24-hour funding for urgent requests.
- We can fund up to $5 million when required.
The Trust We've Earned
Property Types
- Multi-family
- Single-family Investment Properties
- Condominiums
- Apartments
- Co-ops
- Retail
- Small Office Buildings
- Industrial & Warehouse
- Duplex
- Triplex
- Quadplex
- Mixed-Use
Lending Parameters
| Loan Size | $100,000 to $5,000,000 |
| LTC | Up to 80% of purchase price |
| Rehab Funding | 100% |
| LTV | Up to 70% of the ARV |
| Term | Standard is 12 months. 24-36 months is available |
| Lien | First lien; second lien as additional collateral only |
| Interest Rate | 10%–12.5% |
| Points | 1.5–2% of the loan amount |
Areas Covered
West Forest Capital lends in the following areas in Brookhaven, NY:
- Brookhaven
- Bellport
- Patchogue
- Medford
- Coram
- Selden
- Centereach
- Farmingville
- Shirley
- Mastic
- Mastic Beach
- Holtsville
- Ronkonkoma (Brookhaven portion)
- Yaphank
- Ridge
- East Patchogue
Hard Money Loans in Ithaca - Areas We Serve
Why Use a Hard Money Loan
- If you need funding fast.
When you need funding fast, waiting on traditional lenders can cost you valuable opportunities. At West Forest Capital, we provide same-day loan approvals and can fund your deal within 3 to 5 days or 24 hours in urgent situations, giving you the flexibility to move quickly and secure your investment. - If the property isn’t stabilized.
Real estate investments rarely come without their issues. If your investment involves a vacant building, a fixer-upper, or a property lacking proper documentation, most traditional banks will turn you away. At West Forest Capital, we understand the intricacies of complex properties. We specialize in offering financing for these types of properties, helping you move forward with your investment even if other lenders won’t. - If you have poor credit.
FICO scores don’t define your investment potential. At West Forest Capital, we assess the value of the property over your credit history. While traditional lenders may shy away from clients with poor credit, we’re willing to work with investors who present solid opportunities, even if they’ve experienced credit challenges in the past. If the property has strong potential, we’re happy to help make it happen. - If you don’t want to take a loan in your personal name.
Real estate investors frequently prefer LLCs or corporate structures to protect their personal assets. West Forest Capital offers loans for business entities, providing more flexible options than traditional banks that require personal guarantees.
Why Choose A Brookhaven, NY Hard Money Lender
As a hard money lender in Brookhaven, NY, we are proud to serve Suffolk County and the eastern half of Long Island. Our team is familiar with Brookhaven’s market, from rental areas to emerging investment opportunities. Whether you’re working on a rehab project or converting a multifamily property, we understand what’s needed and can provide quick, responsive funding. You don’t need to explain the market’s demand for property rehab and development—we’re already familiar with the trends.
West Forest Capital also provides funding across Long Island, from Nassau’s commuter-friendly suburbs to Montauk’s seasonal real estate opportunities. We bring the experience, capital, and speed needed to fund deals quickly wherever your opportunity arises.
Financing your Brookhaven, NY Investment Property
Brookhaven, NY, offers investors a mix of suburban charm and growing commercial sectors, making it an ideal location for real estate investment. The town has seen steady price appreciation post-COVID as more buyers seek the tranquility of suburban life. Whether you’re investing in a multifamily property or a residential rehab, Brookhaven has opportunities to suit all types of real estate ventures.
At West Forest Capital, we believe hard money lending should be fast and easy. We skip the long waiting times and administrative hurdles that plague traditional banks. Our lending decisions are made on the same day, often during the initial conversation. Call 212‑537‑5833 today to speak directly with the decision-makers and get your funding fast.
Asset-backed Lender Focused on Customized Solutions
At West Forest Capital, we pride ourselves on our deep understanding of the Brookhaven, NY real estate market, which allows us to offer creative and flexible hard money loan solutions for investors in the area. Unlike traditional lenders, who often use strict underwriting criteria, we base our financing on the value of the property—both now and in the future. As a result, we have been able to provide more than 100% financing for acquisition and rehab costs on many Brookhaven, NY properties.
In addition, we offer a distinctive benefit in the market: a 3-year loan term, which is the longest available for hard money loans. This extended period gives investors the flexibility they need to stabilize or reposition a property before selling or refinancing.
Contact us today or apply online to take the first step in securing your Brookhaven, NY investment funding.
Hard Money Lender in Brookhaven, NY: Frequently Asked Questions
What are Hard Money Lenders?
West Forest Capital is a hard money lender that offers private, asset-based loans for real estate investors, without relying on FICO scores. We evaluate each deal based on its purchase price and after-repair value (ARV), which allows us to fund projects in five days or less, much faster than traditional bank loans.
We specialize in helping investors who need quick funding, customized terms, or financing for properties that banks won’t approve, such as those requiring significant rehabilitation or lacking a Certificate of Occupancy. We also work with investors who are rebuilding their credit profiles or who need refinancing in urgent situations. We frequently support auction purchases and fast flips as well.
Since our loans are commercial, we only extend them to LLCs. Setting up an LLC is simple, even for solo investors. In addition to verifying the LLC structure, we ensure the title is clear and evaluate the full project scope, including rehab plans if necessary.
For real estate investors looking for fast, flexible financing solutions, a hard money loan from West Forest Capital is the perfect fit for time-sensitive opportunities.
How Do Hard Money Loans Work?
Hard money loans offer speed and flexibility, providing a quick alternative to traditional financing. However, they come with higher costs. Interest rates typically fall between 9% and 12%, and borrowers should anticipate paying 1 to 3 points in closing fees. These loans are usually short-term, typically ranging from one to two years.
Our hard money loans typically consist of two parts: (1) a purchase loan that covers 70% to 85% of the property’s purchase price, and (2) a rehab loan that covers necessary repairs. At West Forest Capital, we often finance the full rehab budget for properties that require substantial renovations.
If no rehab work is needed, the rehab portion is not included. For properties requiring rehab, funds are released in stages as work is completed. For example, on a $50,000 renovation project, the borrower may receive reimbursement for $15,000 worth of work completed, and further payments are made as additional work is finished. The total loan amount, including both purchase and rehab, is capped at 65% of the property’s projected after-repair value (ARV).
What do hard money lenders look for?
At West Forest Capital, we take a strategic approach to every loan, ensuring your real estate investment is secure while also helping you achieve your financial goals. Our customized hard money loans are designed to support you in successfully navigating the real estate market.
We provide funding only to LLCs, not individual borrowers, because our loans are structured as commercial products. If you haven’t yet set up an LLC, it’s an easy process, and we’re happy to guide you through creating a single-member LLC.
Our loan analysis focuses on two main financial factors: the property’s purchase price and its anticipated after-repair value (ARV). For maximum profitability, the purchase price should be at or below market value. If you need renovation funding, we will carefully review the proposed repair budget and timeline to ensure they match the projected ARV.
Before we proceed to closing, we require a clean, marketable title. Any liens, claims, or judgments affecting the property or LLC must be cleared beforehand. While we are flexible in many aspects, we require a strong repayment plan and sound financial structure.
We specialize in funding deals with real promise, those where the numbers show a profitable outcome after accounting for all purchase costs, rehab expenses, loan interest, and closing fees. When everything aligns, we can act swiftly to help you close the deal with confidence.
What is hard money used for?
When it comes to properties in Brookhaven, NY, hard money loans are often employed in the following scenarios:
- To purchase and rehab a property in Brookhaven, NY that a traditional lender would decline due to the building’s condition or the borrower’s financial history, with plans to flip it for a profit. This represents a classic “fix and flip” strategy.
- To acquire and renovate a property in Brookhaven, NY that is not eligible for financing through conventional means, with the intention of renting it out. After it starts generating rental income, the property may be eligible for a conventional refinance.
- To secure a property in Brookhaven, NY quickly, particularly in situations where time is critical, such as bidding on foreclosures or off-market deals. Banks may take months to approve, but a hard money lender can often close in under a week.
- To quickly access capital with a cash-out refinance using an existing Brookhaven, NY property as collateral.
- To refinance an approaching balloon payment or an expiring mortgage on a Brookhaven, NY property.
- To finance repairs or upgrades to a Brookhaven, NY property that traditional lenders would be reluctant to fund.
- To purchase a Brookhaven, NY investment property through an LLC structure, a scenario where many traditional banks would deny the loan.