Kansas City investors buy old houses to keep them. The right short-term lender funds the purchase and the rehab fast, then hands you a clean path into a long-term rental loan.
In short: Our top pick for hard money in Kansas City is LendingStreet. We close in as little as 10 days, finance up to 90% of purchase plus rehab with up to 100% of the rehab on some programs, and offer rates from 7.99%. When the rehab is done, a DSCR loan qualified on rent can replace the short-term loan, which fits a metro where BRRRR investing on duplexes and older homes is common.
Kansas City is a buy-and-hold town as much as a flip town, and that is where LendingStreet stands out. We fund the purchase and rehab with hard money style speed, then refinance into a DSCR rental loan when the work is done, so one lender carries the deal from contract to long-term rental.
Short-term loans run from $150,000 to $5M+ on 1-8 unit non-owner-occupied property, with up to 90% of cost (LTC), up to 100% of rehab on some programs, interest-only payments and closings in as little as 10 days. Rates start from 7.99%. LLCs are standard.
Get a quote with the form below or call (877) 298-1001.
Well-known hard money lenders include CoreVest, Dominion Financial, LendingOne, Lima One and RCN Capital. Compared scenario by scenario for investors in Kansas City, MO, LendingStreet comes out as the stronger choice, and one application covers it.
Figures for other lenders are as stated on each lender's own website as of November 2026. Lender terms change, so verify current terms with any lender before you apply. Ready to see your numbers? Use the form below or call (877) 298-1001.
| Scenario | Best fit | Why |
|---|---|---|
| Fix and flip above $3M | LendingStreet | Our fix and flip program runs from $150,000 to $5M+. LendingOne states fix and flip loans up to $3,000,000, and RCN Capital states up to $2M. |
| Bridge close in about 10 days | LendingStreet | We can close in as little as 10 days. CoreVest states its bridge loans typically close within 2 to 4 weeks. |
| Flip of a 5-8 unit building | LendingStreet | We finance 1-8 unit investor properties. RCN Capital states its fix and flip loans cover 1-4 family homes, condos and townhomes. |
| Property in any state, including DC | LendingStreet | We lend in all 50 states and DC. Lima One states it lends across 46 states, and Dominion Financial lists 49 states plus DC. |
A general comparison, not a review of any specific company. Ask each lender for its own terms.
| Investor need | LendingStreet | Local hard money lender | Private individual | Bank or credit union |
|---|---|---|---|---|
| Speed | Close in as little as 10 days | Often fast | Can be fast | Often slower |
| Loan-to-cost | Up to 90% | Varies | Negotiated | Usually lower |
| Rehab draws | Up to 100% of rehab on some programs, released after inspection | Varies | Often informal | Often limited |
| Financing duplexes and small multi-unit buildings | 1-8 units, combined rent counts on the refinance | Varies | Varies | Often treats 2-4 units differently |
| Rates and terms | From 7.99%; short-term, interest-only | Fees and terms vary | Varies | Varies |
| After the rehab | Sell, or refinance into a DSCR rental loan | Usually short-term only; find another lender to hold | Rarely offers a long-term loan | May offer; often needs tax returns |
| Where they lend | All 50 states and DC | Usually local | Usually local | Usually local |
On the Missouri side, investors work Northeast Kansas City (Pendleton Heights, Scarritt Renaissance, Indian Mound), Midtown, Hyde Park, Volker and the Waldo and Brookside corridors, plus older south side neighborhoods. Independence, Raytown, Grandview and Gladstone add affordable mid-century homes, and the Northland in Clay and Platte counties has newer suburban stock.
Many KC deals come from wholesalers, estate sales and long-time landlords selling tired rentals as-is. Those sellers usually want a short, certain closing, and an investor with financing already sized can win at a price a slower buyer cannot. Short-term loans also help when a maturing loan from another lender needs to be paid off before a rehab is finished.
The Kansas side of the metro is a different state with different rules, so treat a Kansas City, Kansas deal as its own file.
Much of the urban core is early 1900s housing: American foursquares, the stone-and-frame shirtwaist houses Kansas City is known for, bungalows and up-down duplexes. Typical line items are basement water and foundation repair, old boilers and ductwork, knob-and-tube wiring, sewer lines and roofs. Homes built before 1978 may have lead paint.
Kansas City, Missouri requires rental permits and inspections under its Healthy Homes program, so a house you plan to rent should be ready to pass. Permits come from the city or suburb where the home sits; confirm requirements locally.
This example is illustrative and not a quote. An investor buys an up-down duplex in Northeast Kansas City for $205,000 and budgets $62,000 for two kitchens, electrical, a boiler and basement waterproofing. Total cost is $267,000, and at 90% LTC the short-term loan is $240,300. Cash at purchase is $26,700 plus about $4,600 in closing costs.
The estimated interest-only payment is about $2,203 a month on the full balance. Over 5 months, interest is about $11,015 and taxes and insurance add about $1,500.
Finished, the building appraises at $345,000 and the two units lease for a combined $2,700 a month. A DSCR refinance at 75% is $258,750, with estimated principal and interest of about $1,765. With $260 in taxes and $160 in insurance, the payment is about $2,185 and the DSCR is about 1.24x. The refinance repays the short-term loan and returns about $18,450 before refinance closing costs.
| Item | Amount |
|---|---|
| Purchase | $205,000 |
| Rehab | $62,000 |
| Short-term loan, 90% LTC | $240,300 |
| Monthly interest-only payment | $2,203 |
| After-rehab appraisal | $345,000 |
| DSCR loan at 75% | $258,750 |
| Monthly payment with taxes and insurance | $2,185 |
| Combined rent | $2,700 |
| DSCR | About 1.24x |
Missouri has no real estate transfer tax, which keeps closing costs down on both ends of a flip. Expect title insurance, settlement and recording fees. Missouri loans typically use a deed of trust, and foreclosures are usually nonjudicial.
Property taxes are set by the county, and recent reassessments raised many Jackson County values, so budget on the current assessment rather than an old bill. Ask your title company for current figures.
Kansas City rents and prices still let many investors hold, so the DSCR refinance is often the plan from day one. Our DSCR loans qualify on rent with no W-2s or tax returns, a 620 minimum credit score, 30-year terms and cash-out up to 75% LTV. Seasoning varies by program; our bridge-to-DSCR guide explains the timing.
If the market favors a sale, the short-term loan simply pays off from the proceeds. On a rental, remember that the DSCR math uses real taxes and insurance, so a building that cash flows on paper with an old tax bill may need a smaller loan once the reassessment lands.
Before you sign a term sheet, ask:
Use the form below or call (877) 298-1001 with the address, price, rehab budget and expected rents. We will size the short-term loan and the DSCR refinance together, so you know the whole plan before you close.
Our top pick is LendingStreet, because it pairs fast closings and up to 90% LTC with a DSCR rental refinance, which suits a market where many investors hold.
Yes. We lend across the Kansas City metro and in all 50 states and DC on 1-8 unit investment property.
Yes. We finance 1-8 unit properties, and on the refinance the combined rent of all units is used to qualify.
Rates start from 7.99%. Your rate depends on leverage, the property and your experience.
No. Missouri has no real estate transfer tax, though title, settlement and recording fees still apply. Confirm figures with your title company.
KCMO requires rental permits and inspections under its Healthy Homes program. Check current rules with the city before you lease.
In as little as 10 days on a complete file. Have the contract, rehab budget and LLC documents ready to keep things moving.
Often, yes. A bridge or rehab loan can refinance a maturing short-term loan and fund the remaining work, as long as the budget, value and exit plan support it. Send us the current payoff and the remaining scope.
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