Hard Money Lender in Suffolk County
Rates Starting at 10%
As a leading hard money lender serving Long Island, West Forest Capital specializes in funding real estate investment opportunities quickly and efficiently—with loan amounts available up to $3 million. We’re well-known for our dependability and rapid turnaround times in Long Island’s high-stakes property market.
- All loans are funded directly by us—no outside brokers
- Pre-approvals issued the same day you apply
- Typical closings in just 3 to 5 business days, with 24-hour funding for urgent needs
- We can fund deals up to $5 million when necessary
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.
Time is often the deciding factor in a competitive market. Traditional lenders simply can’t compete with the rapid turnaround West Forest Capital provides. With same-day loan approvals and the ability to fund within 3–5 days—or 24 hours if needed—you won’t lose a deal waiting on a bank. - If the property isn’t stabilized.
Not all investment properties come turnkey. If your deal involves a vacant building, a fixer-upper, or a space lacking proper documentation, most banks will say no. At West Forest Capital, we specialize in financing complex properties with issues that scare off conventional lenders. - If you have poor credit.
FICO scores don’t always tell the whole story. At West Forest Capital, we prioritize the value and viability of the property over personal credit history. We’re willing to work with clients who may have had past credit mishaps but present a solid investment opportunity. - If you don’t want to take a loan in your personal name.
Many real estate investors prefer to operate through an LLC or corporate entity to limit liability and manage multiple assets. West Forest Capital supports this by offering loans structured for business entities, giving you more flexibility than banks that require personal guarantees.
Why Choose A Suffolk County Hard Money Lender
We’re proud to operate as a hard money lender throughout Suffolk County, covering the full breadth of eastern Long Island! Our team knows every corner—from suburban rental hot zones to growing investment sectors in towns like Brookhaven or Islip. You don’t need to explain the resurgence of downtown developments or steady rehab demand from Huntington to Riverhead—we already understand the local market dynamics. If you require fast funding for a multifamily conversion or single-family rehab, we are local, responsive, and ready to act.
But we go beyond Suffolk. From Nassau County’s commuter suburbs to Montauk’s seasonal investment niche, West Forest Capital offers experience, capital size, and speed—funding deals efficiently wherever your opportunity lies.
Financing your Suffolk County, Long Island Investment Property
Suffolk County isn’t just a commuter hub—it also boasts its own dynamic industries, thriving small businesses, and a booming tourism sector. Post–COVID, the county has seen notable price appreciation as buyers leave the city in search of suburban space.
Hard money borrowing shouldn’t require waiting in line behind red tape—but too often, that’s the case. We operate as true partners, sidestepping administrative delays. When you call us, your lending decision is made on the same day, often during that first conversation. Dial 212‑537‑5833 and talk directly to the decision-makers.
Asset-backed Lender Focused on Customized Solutions
Our team at West Forest Capital brings a deep understanding of the Suffolk County investment landscape, allowing us to offer flexible and creative hard money loan options for property investors across the region. We finance based on the current and future value of the asset—not rigid underwriting checklists. This means we’ve been able to provide financing that covers over 100% of the acquisition and rehab cost on many Suffolk County properties.
We’re also proud to offer a standout benefit in the market: a 3-year loan term, which is the longest hard money option available. It’s ideal for investors who want more breathing room to stabilize or reposition a property before selling or refinancing.
Call us today or submit your application online to get started!
Hard Money Lender in Suffolk County: Frequently Asked Questions
What are hard money lenders?
West Forest Capital operates as a hard money lender, offering private, asset-based real estate loans that don’t depend on your FICO score. We concentrate on the underlying asset—evaluating each deal based on purchase price and projected after-repair value (ARV). That streamlined focus enables us to fund your project in five days or less, instead of the lengthy bank timelines.
We become the go-to lender for investors needing fast action, custom terms, or financing where banks won’t go—for instance, properties lacking a Certificate of Occupancy or requiring rehabilitation. We frequently assist clients who are rebuilding credit profiles or require refinancing under tight deadlines. As a private money partner, we also regularly support auction purchases and quick-turn flips.
Since hard money loans are commercial in nature, our funding is extended exclusively to LLCs. Setting up an LLC is simple—even a solo investor can establish one easily. In addition to legal structure, we verify a clean title and assess the full scope of your project, including detailed rehab schedules if you’re renovating.
For proactive real estate investors, especially in time-sensitive scenarios, a hard money loan from West Forest Capital provides the speed and flexibility to keep deals moving forward.
How Do Hard Money Loans Work?
Because hard money loans are designed for speed and flexibility, they are significantly easier and faster to obtain than traditional bank financing. This convenience comes at a cost—interest rates generally fall between 9% and 12%, and borrowers should also plan for 1 to 3 points in fees due at closing. These loans are short-term in nature, most commonly structured for one or two years.
Our hard money offerings typically consist of two components: (1) a purchase loan, which usually covers between 70% and 85% of the property’s acquisition cost, and (2) a rehab loan, which finances the renovations necessary to bring the property to marketable standards. At West Forest Capital, we regularly finance up to the entire rehab budget when improvements are needed.
In cases where no rehab work is required, this portion of the loan is not included. If rehab is necessary, the funds are distributed in arrears—meaning they’re provided after part of the work is finished. For example, if a borrower plans a $50,000 renovation, they may complete $15,000 of work and receive reimbursement for that amount. This pattern repeats in increments. Total loan disbursements—both for the purchase and rehab—are limited to 65% of the projected after-repair value (ARV) of the home.
What do hard money lenders look for?
At West Forest Capital, we approach each loan with a clear objective: to support your journey toward a successful real estate investment while maintaining the integrity and security of the transaction.
Because our loans are structured as commercial products, we provide funding only to LLCs and not to individual borrowers. If you haven’t yet established an LLC, don’t worry—setting up a single-member LLC is both fast and straightforward, and we’re more than happy to walk you through the process.
Our loan analysis is based on two key financial indicators: the property’s purchase price and its anticipated after-repair value (ARV). To maximize profitability, the purchase price should fall at or below market value. If renovation funding is also being requested, we’ll carefully review the proposed repair budget and project timeline to determine whether the improvements align with your projected ARV.
Before we can proceed to close, we’ll require a clean and marketable title. Any existing liens, claims, or judgments affecting either the property or your LLC must be cleared beforehand. While we’re flexible in many areas, we do require a solid repayment path and financial structure.
We aim to fund deals with real promise—those where the numbers support a profitable outcome after accounting for purchase costs, rehab expenses, loan interest, and closing fees. When the math checks out, we’re able to act quickly and help you seal the deal with full confidence.
What is hard money used for?
When it comes to properties in Suffolk County, hard money loans are often employed in the following scenarios:
- To purchase and refurbish a Suffolk County property that a bank would reject due to the building’s condition or the borrower’s financial background, with the goal of selling the asset at a profit. This is a typical “fix and flip” approach.
- To acquire and renovate a piece of Suffolk County real estate that currently cannot be financed through traditional means, with plans to rent it out. Once occupied and generating rental income, the property may qualify for a conventional refinance.
- To secure ownership of a Suffolk County property when time is of the essence, such as when bidding on a foreclosure or off-market opportunity. Banks may take months, but a hard money lender can usually close in under a week.
- To access capital through a fast cash-out refinance using an existing Suffolk County property as the security for the loan.
- To refinance an approaching balloon payment or expiring mortgage tied to a Suffolk County property.
- To finance extensive repairs or improvements for Suffolk County buildings that require funding traditional lenders are unwilling to provide.
- To purchase a Suffolk County investment property under an LLC structure, a scenario where many banks would otherwise decline the loan.