Hard Money Lender in Montauk
Rates Starting at 10%
Long Island investors rely on West Forest Capital for rapid hard money lending on deals as large as $3 million. Our direct lending model and quick processing timelines help you stay ahead in Long Island’s competitive real estate environment.
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- No third-party delays—we lend our own funds
- Same-day pre-approval keeps your momentum strong
- Finalize in 3 to 5 days, or get next-day funding when speed matters most
- Higher loan thresholds available—up to $5 million
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.
Delays from banks can derail even the most promising deals. West Forest Capital eliminates that risk with fast-track approvals and closings. Our streamlined system allows you to receive same-day decisions and close in 3 to 5 days—or even get funded the next day when needed. - If the property isn’t stabilized.
Conventional lenders often refuse loans for properties that are incomplete, tenantless, or don’t yet have a CO. At West Forest Capital, we see the potential in these deals. We provide funding based on asset value and project viability, not the current status of occupancy or condition. - If you have poor credit.
Rather than disqualifying borrowers over credit scores, we focus on what truly matters: the real estate deal itself. If your property has strong value or future returns, West Forest Capital will work with you—no matter your credit background. - If you don’t want to take a loan in your personal name.
Whether for privacy, asset protection, or portfolio management, holding property in an LLC is common among experienced investors. West Forest Capital supports this structure by offering loans without requiring you to tie your name personally to the debt.
Why Choose A Montauk Hard Money Lender
We are excited to serve Montauk, offering hard money lending solutions for investors across Long Island. Recognizing Montauk’s coastal charm—from beach houses to fishing village conversions—we’re well-prepared to underwrite properties with seasonal leases or non-traditional layouts. No need to explain Montauk’s rental cycles or zoning limitations—we get it. If you require fast funding for a beachfront project or market-season flip, we’re local, versed in coastal underwriting, and ready to close swiftly.
Our coverage also spans beyond Montauk. Across Southampton, East Hampton, Riverhead, Huntington, Nassau, and the rest of Long Island, West Forest Capital is known for its speed, flexibility, and local real estate knowledge—helping investors close deals island-wide.
Financing your Montauk, Long Island Investment Property
Montauk draws both commuters and tourists to its oceanfront lifestyle and bustling local businesses. Since COVID, property values have surged as buyers seek coastal escape.
Need a fast hard money loan? Skip the red tape. As partners, we cut through bureaucracy so you get a decision the same day, often right over the call. Dial 212‑537‑5833 now to speak directly to the people approving your funding.
Asset-backed Lender Focused on Customized Solutions
In a high-end market like Sagaponack, standard lending just doesn’t cut it. West Forest Capital understands the specific challenges of financing luxury flips and long-term investments in this prestigious area. Our hard money loans are asset-driven, allowing us to fund up to—and even over—100% of the combined purchase and renovation costs when appropriate.
Even more importantly, we provide the longest hard money loan term in the market—up to 3 years—giving investors room to execute a patient and profitable strategy.
Interested in funding your Sagaponack deal? Give us a call or apply today.
Hard Money Lender in Montauk: Frequently Asked Questions
What are hard money lenders?
At West Forest Capital, we operate as a hard money lender—delivering private, asset-based real estate loans that don’t rely on borrower credit. Instead, our lending is backed by the property, with approval rooted in purchase price and after-repair value (ARV). This enables us to fund your project in five days or less, bypassing the extended timelines of traditional banking.
Investors who need agile financing, unconventional funding solutions, or loans for properties outside bank standards turn to us. Whether the property lacks a Certificate of Occupancy, the borrower is rebuilding credit, or you need fast refinancing, we have you covered. We’re also frequently called upon to help close auction deals or support urgent flip strategies.
Being commercial loans, our funds are extended only to LLC entities. Creating one is quick and easy—even a single investor can complete the process. We require a clean title and conduct a full review of your overall project, including any renovation schedules.
For active real estate investors who recognize that timing can determine success, a hard money loan from West Forest Capital may be the crucial tool that keeps your deal moving forward.
How Do Hard Money Loans Work?
Hard money loans are typically far quicker and more straightforward to acquire than conventional mortgages, making them a preferred option for fast-paced real estate transactions. However, borrowers should be prepared for higher interest rates—typically from 9% to 12%—and closing costs that include 1 to 3 points. These are short-term loans, generally lasting one to two years.
Our loans are generally split into two distinct parts: (1) purchase financing, usually covering between 70% and 85% of the property’s purchase price, and (2) rehab financing for updating the property. At West Forest Capital, we often provide up to 100% of the renovation funding.
If no rehab is necessary, the loan won’t include it. If needed, funds are released in arrears, meaning after partial work is completed. So, if $50,000 in renovations is needed, a borrower might complete $15,000 in work and request reimbursement for that amount. This continues in segments. The entire loan—purchase plus renovation—should not exceed 65% of the after-repair value (ARV) of the property.
What do hard money lenders look for?
At West Forest Capital, we process each loan request with the intent of backing successful real estate investments while upholding a solid, responsible deal structure.
Hard money loans fall under commercial lending, which means we only lend to LLCs—not individuals. If you haven’t yet created an LLC, there’s no issue. Forming a single-member LLC can be done quickly, and we’re happy to help you take that step.
Our review process focuses on two essential values: the purchase price and the estimated after-repair value (ARV). The deal should be based on acquiring the property at or under market value. If you need renovation funds, we’ll review your improvement budget and your timeline to determine if your rehab plan supports the projected ARV.
A title without legal encumbrances is required for closing. Any judgments or liens tied to either the LLC or the property need to be resolved first. We’re accommodating, but we must verify that your repayment plan is logical and well-structured.
We’re focused on funding investment properties with real profit potential—deals where the ARV comfortably covers all project costs while still delivering financial gain. When everything aligns, we’ll move swiftly to help you fund and close with confidence.
What is hard money used for?
For properties situated in Montauk, hard money loans are typically utilized in these key situations:
- To buy and renovate Montauk real estate that’s been rejected by banks due to poor property conditions or borrower issues, with plans to resell it at a profit—known as a “fix and flip.”
- To purchase Montauk rental properties requiring upgrades, with no access to conventional loans. Once rented and cash-flowing, the asset can be refinanced into a long-term product.
- To meet urgent deadlines for Montauk property closings, such as foreclosure auctions where traditional banks can’t move fast enough.
- To obtain a fast cash-out refinance on an already owned property in Montauk by using it as loan collateral.
- To refinance a soon-to-expire loan on Montauk real estate, avoiding maturity defaults or extensions.
- To fund repairs or development on Montauk properties in need of fast capital that traditional banks won’t provide.
- To purchase property in Montauk under an LLC’s name—something many banks simply won’t finance, making hard money loans a reliable alternative.