Hard Money Lender in Sagaponack
Rates Starting at 10%
With deep experience in the Long Island market, West Forest Capital offers hard money loans up to $3 million to help investors act quickly on real estate opportunities. We’re recognized for our speed, transparency, and commitment to funding even the most time-sensitive projects.
- All loans funded directly—no need for outside brokers
- Pre-approval decisions made the same day
- Typical closings take 3 to 5 days, with expedited next-day funding possible
- For larger projects, we can fund 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.
In real estate, delays can mean lost opportunities. While banks bog you down with excessive documentation and extended timelines, West Forest Capital moves quickly. We offer same-day approvals and close within 3 to 5 days, with emergency funding options available in just 24 hours. - If the property isn’t stabilized.
If your target investment is in rough shape, lacks a CO, or hasn’t generated income yet, most banks won’t approve it. But we’re different. West Forest Capital specializes in financing projects that need work—properties with the potential for high returns despite present complications. - If you have poor credit.
We believe past credit issues shouldn’t prevent smart investments. That’s why West Forest Capital offers asset-based lending that puts more weight on the property’s equity than your FICO score or income history, giving borrowers a fair shot at capital access. - If you don’t want to take a loan in your personal name.
Many real estate professionals prefer keeping investments under an LLC or corporate entity for strategic or legal reasons. West Forest Capital caters to that preference with flexible lending options that don’t require you to take on personal liability.
Why Choose A Sagaponack Hard Money Lender
We’re proud to provide hard money lending in Sagaponack and across Long Island’s luxury hamlets. Our team understands Sagaponack’s exclusive market dynamics—from expansive estates to premium short-term rental trends. You won’t have to explain the high-end renovation demand or zoning distinctions—we’re experienced in underwriting luxury homes. Whether you’re financing a renovation, expanding acreage, or prepping for a high-tier flip, we’re local, knowledgeable, and ready to deliver swift capital.
And our reach spans all of Long Island—from East Hampton and Southampton to Suffolk and Nassau County towns. Wherever your next project lies, West Forest Capital combines fast funding, tailored underwriting, and in-depth regional insights to back your investment.
Financing your Sagaponack, Long Island Investment Property
Sagaponack blends commuter convenience with high-end agricultural and tourism sectors. Since COVID, real estate demand has grown significantly among buyers chasing exclusive rural-luxury living.
When you need fast funding, you shouldn’t have to wait. We’re a hands-on partnership, not a slow-moving bureaucracy. Expect a lending decision the same day, often on the first call. Call 212‑537‑5833 and speak directly with the decision-makers ready to fund your project.
Asset-backed Lender Focused on Customized Solutions
Hempstead’s dynamic real estate market demands a lender who understands the pace and scope of fix-and-flip investments. At West Forest Capital, we offer hard money loans that are based on the asset’s value and potential—not outdated credit models. This means we can, and often do, fund over 100% of the total deal cost when the numbers align.
Our flexible terms include a 3-year loan period, giving you time to plan for a successful sale, refinance, or rental conversion without being rushed by short maturities.
Call our team or apply today—we’re ready to help bring your Hempstead investment to life.
Hard Money Lender in Sagaponack: Frequently Asked Questions
What are hard money lenders?
West Forest Capital qualifies as a hard money lender by providing private, asset-based loans secured by property rather than creditworthiness. Our lending philosophy prioritizes the asset itself—evaluating deals based on purchase price and after-repair value (ARV). This structured method enables us to fund loans in as few as five days, unlike banks that can take months.
Real estate investors—including those in need of speed, flexibility, or funding for tricky properties—regularly partner with us. Whether dealing with properties missing Certificates of Occupancy, rebuilding credit, or refinancing fast, we are available. As private money lenders, we also regularly assist with auction financing and short-turn flips.
Since these are commercial loans, we lend exclusively to LLCs. If you haven’t established one yet, it’s a straightforward process, even for single-member investors. We also require a clean title and carry out a detailed review of the full scope of your project, including renovation timelines.
For investors looking to gain an edge in time-sensitive markets, a hard money loan through West Forest Capital can provide the speed and financing flexibility needed to successfully execute your next real estate venture.
How Do Hard Money Loans Work?
Hard money lending offers a faster and more flexible path to financing compared to traditional mortgages, but it usually comes with a higher price tag. Interest rates generally fall between 9% and 12%, and there are closing fees ranging from 1 to 3 points. These loans are intended to be short-term, commonly structured for one to two years.
The funding we offer is often broken into two categories: (1) funds for acquiring the property—typically 70% to 85% of the purchase cost—and (2) funding for property rehabilitation. West Forest Capital can usually cover the full cost of the rehab, if it’s required.
In cases where no renovation is needed, only the purchase portion is funded. When rehab is part of the project, those funds are disbursed after segments of the work are completed. For example, a borrower with a $50,000 rehab plan might complete $15,000 worth of upgrades and receive that amount before proceeding. This continues until the total rehab budget is funded. The combined loan amount, including both the purchase and renovation components, will generally not exceed 65% of the home’s projected after-repair value (ARV).
What do hard money lenders look for?
At West Forest Capital, our goal in every loan we review is simple: help our clients lock in profitable investment properties while ensuring the overall loan structure remains secure and viable.
Since hard money financing is categorized as commercial lending, we are only able to issue loans to LLCs. We do not lend to individuals. That said, if you haven’t yet formed an LLC, it’s not an obstacle. Creating a single-member LLC is a quick and straightforward process, and we’re more than happy to assist.
Our decision-making process revolves around two core numbers: what you’re paying to purchase the property and the expected after-repair value (ARV). The purchase should fall at or under market value to allow room for profitability. If rehab financing is involved, we’ll also look over your scope of work and completion schedule to ensure the project supports your ARV projections.
A clean title is mandatory before funds are disbursed. Any outstanding liens, legal claims, or financial judgments on the property or the borrowing LLC must be removed. While we offer flexibility in many areas, the plan for repaying the loan must be realistic and clearly thought out.
We focus on lending to deals where the numbers show upside—where the ARV supports purchase, rehab, interest, and closing costs, and still leaves a profit margin. If that’s the case, we can act fast and help you close your deal with certainty.
What is hard money used for?
Hard money loans are an effective tool for financing real estate in Sagaponack under the following circumstances:
- To acquire and improve a property in Sagaponack that banks won’t finance due to significant repairs needed or subprime borrower credit. These properties are then sold in a traditional “fix and flip” transaction.
- To purchase, renovate, and rent out Sagaponack properties that cannot qualify for traditional bank loans. Once stabilized with tenants, the property can be refinanced more affordably.
- To act quickly on Sagaponack real estate purchases that require closing within days—such as auction wins or distressed sales—faster than banks can accommodate.
- To leverage a Sagaponack property already in your portfolio through a cash-out refinance to access immediate funds.
- To refinance a maturing mortgage tied to a Sagaponack investment property, avoiding a looming balloon payment.
- To fund large-scale renovations or construction on Sagaponack homes that traditional banks are unwilling to support at the early stages
- To purchase Sagaponack property using an LLC when conventional lenders refuse to fund loans not in a personal name.