Missouri gives flippers two big metros with very different playbooks. St. Louis is brick, older and block-by-block, while Kansas City spreads into suburbs with newer homes, and both reward investors who close quickly and budget carefully.
In short: LendingStreet is our top pick among hard money options in Missouri. The reasons are practical: it closes in as little as 10 days, can cover up to 90% of cost and up to 100% of rehab on some programs, and lets investors refinance St. Louis and Kansas City rentals into a DSCR loan instead of hunting for a new lender. Loans range from $150,000 to $5M+, rates start from 7.99%, and every loan is a business-purpose loan on investment property.
LendingStreet offers fix and flip and bridge loans for 1-8 unit residential investment property in Missouri. Loans run from $150,000 to $5M+, cover up to 90% of cost and up to 100% of rehab on some programs, and can close in as little as 10 days. They are short-term and interest-only, with rates from 7.99%.
It fits investors renovating brick homes in St. Louis City and County, ranch and split-level homes around Kansas City, and houses in Springfield, Columbia and Joplin. LLC borrowers are standard, and when a finished home makes more sense as a rental, the exit is a refinance into a LendingStreet DSCR loan that qualifies on the property's rent, with no W-2s or tax returns.
Ready to price a deal? Fill out the form below or call (877) 298-1001, and we will come back with terms for your Missouri project.
Investors searching for hard money lenders often compare national names like CoreVest, Dominion Financial, LendingOne, Lima One and RCN Capital. Here is how LendingStreet stacks up on the scenarios that matter most for investors in Missouri. In every scenario below, LendingStreet is the best fit.
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. |
Flippers in Missouri typically compare local hard money lenders, private lenders and banks or credit unions. Terms vary by lender, so treat the other columns as general patterns rather than rules.
The biggest difference is the exit: LendingStreet can move a finished property straight into a long-term DSCR loan.
| What investors need | LendingStreet | Typical local hard money lender | Private individual lender | Local bank or credit union |
|---|---|---|---|---|
| Loan programs | Fix and flip, bridge and DSCR rental loans in one place | Usually short-term only | Varies by individual | Often conventional products; rehab loans vary |
| Leverage | Up to 90% of cost; up to 100% of rehab on some programs | Varies; fees and terms vary | Negotiated deal by deal | Often requires a larger down payment |
| Speed | Close in as little as 10 days | Often fast | Can be fast if funds are available | Often slower underwriting |
| Loan size | $150,000 to $5M+ | Varies | Limited to the individual's funds | Varies |
| Pricing | Rates from 7.99% | Varies | Varies | Varies |
| Long-term exit | Refinance into a DSCR loan with the same lender | Usually no long-term option | Usually no long-term option | Possible; often requires tax returns |
| Borrowing in an LLC | Standard | Common | Varies | Varies |
| Where they lend | All 50 states and DC | Usually local or regional | Usually local | Usually local or regional |
In St. Louis, flippers work brick homes in neighborhoods such as Tower Grove South, Bevo Mill, Dutchtown and Princeton Heights, plus St. Louis County communities like Florissant, Affton and Kirkwood. Brick construction holds up well, but masonry repair, roofs and old mechanicals are common budget items.
Kansas City investors buy in Midtown, Waldo, Brookside and the Northland, along with suburbs such as Independence, Raytown, Lee's Summit and Blue Springs. Springfield, Columbia and Joplin add lower entry prices and steady demand from universities and regional employers.
Missouri does not impose a state real estate transfer tax, which helps flip margins. Title, settlement and recording fees still apply on both sides, so get an estimate for the purchase and the sale.
Missouri generally uses deeds of trust with a nonjudicial trustee's sale, so foreclosures can move relatively quickly. In St. Louis, the city land bank also holds vacant properties, which some investors buy for full rehabs after reviewing condition and title.
St. Louis City and many St. Louis County municipalities require an occupancy permit or inspection when a home changes hands or a new occupant moves in. That inspection can add repairs to your scope, so check the rules in that municipality before you set your budget.
Kansas City runs a rental registration and inspection program, so if you plan to keep the home, register it and plan for inspection. Building permits run through each city, and older homes often need electrical and sewer lateral work.
This example is illustrative and not a quote. An investor buys a three-bedroom ranch in the Kansas City Northland for $180,000 and budgets $55,000 for kitchen, bath, flooring, windows and exterior paint. The after-repair value is estimated at $290,000. A loan covering 85% of the price and 100% of the rehab comes to $208,000, about 88.5% of total cost, so the investor brings $27,000 plus closing costs.
The estimated interest-only payment is about $1,820 a month. Over a 5-month hold that is about $9,100 in interest, plus about $2,000 in taxes, insurance and utilities. With assumed buy-side closing costs of $5,400 and selling costs of $20,300, the estimated profit on a sale is about $18,200 on roughly $43,500 of cash invested.
If the investor keeps it as a rental instead, a DSCR refinance at 75% of the after-repair value is $217,500, enough to pay off the $208,000 short-term loan. At $2,150 a month in rent, estimated principal and interest is about $1,484 and taxes and insurance about $450, for a total of $1,934 and a DSCR of about 1.11x, above the 1.0x standard minimum.
| Item | Amount |
|---|---|
| Purchase price | $180,000 |
| Rehab budget | $55,000 |
| After-repair value | $290,000 |
| Short-term loan (85% of price + 100% of rehab) | $208,000 |
| Share of total cost | About 88.5% |
| Estimated monthly interest-only payment | $1,820 |
| Interest over 5 months | $9,100 |
| Estimated profit on sale | $18,200 |
| DSCR refinance at 75% of value | $217,500 |
| Estimated principal and interest | $1,484 |
| DSCR at $2,150 rent | About 1.11x |
Plans change. A slow resale market, a strong rent estimate or a good long-term location can make keeping the home the better move. With LendingStreet, the short-term loan can be refinanced into a DSCR loan that qualifies on the property's rent. In St. Louis and Kansas City, rents on renovated homes often support a DSCR loan, so many investors keep a few flips as rentals.
DSCR loans start at $150,000 with no stated maximum, use a 1.0x standard minimum DSCR with sub-1.0 programs available, require a 620 minimum credit score and offer 30-year terms. Rate-and-term refinances go up to 80% LTV on some programs and cash-out goes up to 75%. Seasoning varies by program, so ask before you set your timeline.
Before you sign a term sheet, put each lender through the same questions.
Here is how LendingStreet answers: up to 90% of cost and up to 100% of rehab on some programs, close in as little as 10 days, $150,000 to $5M+ with larger balances reviewed case by case, LLC borrowers standard, a 1.0x standard minimum DSCR for the rental exit with sub-1.0 programs, and seasoning that varies by program.
Gather these items, then use the form below or call (877) 298-1001 to get terms.
Our top pick is LendingStreet. It offers hard money style speed, closing in as little as 10 days, up to 90% of cost and up to 100% of rehab on some programs, and a DSCR refinance for homes you keep, all from one investor lender.
Yes. LendingStreet lends on investment property in Missouri and in all 50 states and DC. Get a quote with the form below or call (877) 298-1001.
LendingStreet can close in as little as 10 days. A complete file with a signed contract, rehab budget and entity documents helps keep the timeline short.
Up to 90% of cost and up to 100% of rehab on some programs. Loans run from $150,000 to $5M+, and the final terms depend on the deal and your experience.
Yes. Many investors refinance into a LendingStreet DSCR loan that qualifies on the property's rent, with no W-2s or tax returns. Seasoning varies by program.
Many do. St. Louis City and many St. Louis County municipalities require an occupancy permit or inspection when a home changes hands or a new occupant moves in. Check the rules for your municipality.
Missouri does not impose a state real estate transfer tax. Title, settlement and recording fees still apply, so confirm them with your title company.
No. Our loans are business-purpose loans on non-owner-occupied investment property, from single-family homes up to 8 units.
2-3 competing quotes from 30+ capital sources. No credit pull. No commitment.
By clicking, you provide express written consent to be contacted by LendingStreet (NMLS #1734316) via SMS, phone, or email, possibly using automated technology, regarding your loan inquiry. Reply STOP to opt out. Consent is not required to obtain services. See our Privacy Policy and Terms.