Brooklyn investors know that speed matters when securing renovation funding. West Forest Capital offers asset-based loans that prioritize the property’s value rather than credit history. Unlike traditional banks with slow approval times, our streamlined process ensures quick loan approvals and funding within days—perfect for properties needing extensive rehab work or missing a Certificate of Occupancy.
Getting a renovation loan at West Forest Capital is hassle-free. You can expect competitive interest rates between 9 and 12%, along with standard closing costs. Our financing covers up to 85% of the purchase price and fully funds renovation expenses, with funds released in stages. These short-term loans are structured to keep total financing below 65% of the property’s after-repair value (ARV).
For Brooklyn investors seeking pre-approval, key details such as the property’s purchase price, renovation budget, and estimated ARV are required. Unlike traditional home equity or home improvement loans, we focus more on the property’s value rather than just your credit score. Having updated financial records and proof of LLC ownership on hand can help ensure a quicker approval.
We offer private money loans to LLCs, ensuring investments are strategically structured. Our evaluation considers both the purchase price and ARV to confirm a solid deal. We focus on securing properties below market value, adhering to a clear rehab timeline, and verifying title integrity. Our goal is to position you for maximum returns while ensuring a successful loan repayment.
Real estate investors need flexibility, and West Forest Capital delivers with renovation loans banks can’t match. Whether flipping, renting, or acquiring auction properties, our funding works fast. We also support cash-out refinancing, refinancing mortgages, and purchasing under an LLC—making investment opportunities more accessible where banks might hesitate.
Your rehab budget goes through our review process to confirm it supports the property’s ARV and overall renovation strategy. We fully fund qualified rehab costs. If surprises come up, we work with you to adjust—offering a level of flexibility that traditional home improvement and home equity loans often lack.
Before applying for a renovation loan, confirm that your property has strong profit potential and define a structured renovation approach. As your private lender, West Forest Capital focuses on ensuring your investment is viable and set up for financial success. A clear understanding of the loan terms, your budget, and the projected timeline will allow you to maximize your financing opportunities.
Once your loan is approved, you won’t have to wait long for funding—West Forest Capital ensures you get the resources needed to move forward fast. With funds readily available, you can focus on acquiring and renovating your property without setbacks. This efficiency makes us a preferred choice for investors looking for reliable renovation financing.
Yes, you can apply even if your credit isn’t perfect. We don’t require a minimum credit score but instead take a comprehensive look at your financial standing. Our focus is on the property’s ARV, allowing us to work with investors who may have lower credit scores but strong investment opportunities.
An LLC must be set up before we can complete your loan. Our renovation loans are strictly business-purpose loans, meaning they are only offered to LLCs, not individuals. If you’re looking for alternative funding, personal loans or home equity loans might work but generally lack the funding power and flexibility needed for investment properties.
Yes! Our renovation loans are available for Brooklyn rental properties and homes you plan to resell. Whether you’re upgrading for new tenants or increasing a property’s market value, our loans offer the flexibility real estate investors need. Traditional financing options, like home equity lines and personal loans, often don’t provide the same level of support, which is why our loans are designed specifically for investment properties.
