Hard Money Lender in East Hampton
Rates Starting at 10%
West Forest Capital is Long Island’s hard money lending partner of choice for real estate investors seeking fast and reliable financing up to $3 million. We understand that timing is everything in today’s market—and our streamlined process ensures you’re never left waiting.
- Direct-to-borrower lending—no broker middlemen
- Pre-approvals issued on the same day
- Close deals in 3 to 5 business days; funding available next day if urgent
- We finance up to $5 million based on the project’s scope
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 counties in Long Island:
Recently Funded Hard Money Loans in Long Island
Jersey City, NJ
Newark, NJ
Elizabeth, NJ
Why Use a Hard Money Loan
- If you need funding fast.
Real estate opportunities can disappear in a matter of days. West Forest Capital helps investors act quickly by providing same-day hard money loan approvals and closing most deals in just 3 to 5 days. For the fastest situations, we’re able to disburse funds in as little as 24 hours. - If the property isn’t stabilized.
If a property isn’t generating income, needs repairs, or is still in the construction phase, most banks won’t touch it. But at West Forest Capital, we regularly fund these types of real estate projects, offering solutions for properties that don’t yet qualify for conventional financing. - If you have poor credit.
We don’t rely on strict FICO benchmarks to decide your eligibility. At West Forest Capital, we understand that some investors may have taken financial hits. We assess your loan based on property equity and deal potential, not solely on credit history or income ratios. - If you don’t want to take a loan in your personal name.
When you’d rather buy or refinance through a company or legal entity, West Forest Capital provides the flexibility you need. Our loans are structured to work with LLCs or corporations, freeing you from the limits and liabilities of personal-name borrowing.
Why Choose An East Hampton Hard Money Lender
We’re proud to support investors in East Hampton as a trusted hard money lender across Long Island. Our familiarity with East Hampton’s luxury market, historic estates, and seasonal home inventory means you won’t need to walk us through the cyclical demand or zoning nuances—we already know the market. If you need fast funding to secure an East Hampton flip or rental project, we’re local, responsive, and equipped to close quickly.
But our underwriting reach extends past East Hampton. From Nassau’s suburban developments to cuts across Suffolk —including Riverhead, Montauk, and Southampton—West Forest Capital offers deeply experienced lending, swift closings, and reliable capital no matter where your project is based.
Financing your East Hampton, Long Island Investment Property
East Hampton is more than a commuter destination—it thrives on robust tourism and a deeply established local economy. Since COVID, real estate values have soared as affluent buyers flee the city for quiet coastal living.
Searching for hard money shouldn’t mean waiting weeks. We’re a real partnership that prioritizes speed—no bureaucracy. Expect a decision the same day, often during your initial call. Get in touch at 212‑537‑5833 and speak directly with the decision-makers.
Asset-backed Lender Focused on Customized Solutions
Whether you’re flipping a single-family home or investing in a multi-unit project in Riverhead, West Forest Capital has the experience and funding structure to meet your needs. We work with investors to craft customized loan packages based on property value, not just traditional metrics. In many cases, this has allowed us to fund more than 100% of the total deal cost—including purchase and rehab.
Plus, our hard money loan offers a 3-year term, providing unmatched flexibility for longer renovation schedules or holding strategies.
Reach out today to discuss your Riverhead project—our team is ready to help you succeed.
Hard Money Lender in East Hampton: Frequently Asked Questions
What are hard money lenders?
West Forest Capital functions as a hard money lender, offering private, asset-backed loans secured by real estate instead of credit ratings. Our underwriting focuses solely on the deal—reviewing the purchase price and after-repair value (ARV). Because of this asset-centric approach, we can approve and fund loans in as little as five days, while traditional lenders follow much lengthier timelines.
Real estate investors rely on us for fast funding, custom loan solutions, and financing for properties rejected by banks—those without a Certificate of Occupancy, facing credit issues, or needing quick refinancing. We’re a go-to partner for clients closing at auction or executing expedited flips.
Since our loans are classified as commercial financing, they must be held by LLCs. If you don’t have one yet, setting one up is simple and accessible for individual investors. In addition to entity verification, we require a clear title and a thorough review of your project scope, including rehab phases.
If you’re serious about real estate and value timing, a hard money loan from West Forest Capital offers the flexibility and speed needed to capitalize on your next opportunity.
How Do Hard Money Loans Work?
Since hard money loans are designed for speed and ease, they are much faster to obtain than standard mortgages from banks. As a trade-off, the interest rates are steeper, generally falling between 9% and 12%, with an additional 1 to 3 points due at closing. These loans usually run for a short period, most often one or two years.
Hard money financing typically includes two elements: (1) the property purchase loan, which is usually 70% to 85% of the purchase price, and (2) a construction or rehab loan that covers costs to update the property. At West Forest Capital, we can finance up to the full amount of the renovation if needed.
When no upgrades are required, the rehab loan isn’t included. If improvements are necessary, the funds are reimbursed in stages after work is completed. For instance, if $50,000 is budgeted for repairs, the borrower might finish $15,000 worth and receive reimbursement for that amount. This continues until the full renovation is covered. The combined loan amount is usually limited to 65% of the property’s expected after-repair value (ARV).
What do hard money lenders look for?
At West Forest Capital, we assess every hard money loan with one objective in mind: to help you make a profitable real estate move while preserving the integrity of the financial deal.
Our loans are strictly commercial, meaning they’re offered only to legal business entities like LLCs. We do not lend to individuals. However, if you have not yet set up your LLC, it’s not a dealbreaker. You can quickly form a single-member LLC, and our team is more than happy to help you navigate that process.
When evaluating a loan request, we take a close look at two financial metrics: the acquisition cost of the property and its forecasted after-repair value (ARV). To qualify, the property should be purchased at or below market value. If you’re seeking rehab financing as well, we’ll thoroughly review your projected scope of work and timeline to ensure it supports the ARV you’ve calculated.
A clean title is a must before we can close. That means any liens or judgments related to the property or your business entity must be resolved beforehand. Although we are flexible in many respects, we require a clear strategy for repayment.
Our focus is on deals that make financial sense—where the ARV covers all associated costs and still leaves room for real return. If the numbers check out, we can provide funding fast and help you close confidently.
What is hard money used for?
When handling real estate transactions involving East Hampton properties, hard money loans are typically used in the following scenarios:
- To purchase and renovate an East Hampton property deemed unfinanceable by banks—either due to disrepair or poor credit history—before selling it as a finished product in a “fix and flip” deal.
- To acquire and fix a property in East Hampton that can’t be financed traditionally and lease it to tenants. Once income is stable, it can be refinanced with a bank at better terms.
- To quickly close on time-sensitive real estate in East Hampton—such as foreclosures—where bank financing is too slow. Hard money lenders can step in with rapid funding.
- To extract value from East Hampton real estate you already own by doing a fast cash-out refinance.
- To refinance another East Hampton-based loan that is maturing soon and needs to be paid off quickly.
- To fund construction or renovations for East Hampton properties that banks are unwilling to touch until completed.
- To enable the purchase of East Hampton property in an LLC structure when traditional banks won’t provide financing to a business entity.