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Missouri Fix and Flip Lenders
Here is a list of hard money lenders offering fix & flip loans for homes in Missouri. Our directory has lots of lenders that provide funds to buy, rehab and flip residential properties. Most will require a down payment and some experience with flipping houses in Missouri, and the maximum term is typically 12 months.
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Malve Capital LLC
Fast And Easy Real Estate Loans with High Leverage. Closing as fast as 5 business days, subject to clear title.
Aggressive Pricing & Excellent Service for Bridge, Rehab, Rental, Construction Loans
Funded Fix & Flip Loans in Missouri
RCN Capital, a national direct private lender, funded a $153,200 fix & flip loan to a seasoned investor in Florissant, Missouri, a suburb of St. Louis. The property was appraised at an As-Is-Value of $173,000 but the Borrower was under contract to purchase the subject property at a discounted price of $130,000. RCN funded 69% of the purchase price and 100% of the renovation in 1st lien position, The Borrower contributed 31% cash for the purchase. The Borrower plans to incorporate $23,200 in rehab to bring the property to an after-repair value of $222,000. They are a repeat client who has completed 75+ projects in the past 3 years and is a top candidate for our platinum program, which offers higher leverage options. The interest rate was 9.99% and we charged a 1% origination point. The Borrower plans to sell the property within the 12-month loan term. This SFR fix and flip loan was funded in October 2022.