Choose a fix and flip loan option that’s right for you.
- No appraisal
- Up to 90% LTC
- Interest Rate: 8.5%+
- Close as fast as 10 days
- No appraisal
- Up to 90% LTC
- Interest Rate: 11.99%
- Close as fast as 3 days
- Appraisal required
- Up to 100% LTC
- Interest Rate: 12.99%
- Close as fast as 10 days
Fix and Flip Loan Terms
Here are the loan terms for fix and flip loans in Missouri. Qualify based on the after-repair value, not personal income.
| Purchase financing | Up to 100% LTC |
| Rehab financing | Up to 100% |
| After-repair value | Up to 75% ARV |
| Loan amount | Min $100,000 |
| Interest rate | Start at 8.5% |
| Credit score | Minimum 680 |
| Terms | 3, 6, 12 and 24 months |
See How Much You Qualify For
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- Close as fast as 3 days
- Get up to 90% financing
- Get proof of funds today
Minimum Documentation for Missouri Fix and Flip Loans
To close as fast as 3 days, Capital Ton LLC specializes in low-doc and no-doc fix and flip loans in Missouri. We do not need tax returns, W-2’s or personal income.
- Driver’s License or State ID
- Articles of Organization
- LLC Operating Agreement
- EIN Letter
- Certificate of Good Standing
Minimum Credit Score for Fix and Flip Funding in Missouri
There is no minimum credit score requirement for Missouri fix and flip loans. However, real estate investors with higher credit scores get you the best loan terms and most competitive interest rates.
Business Entity Required
Since these are business purpose loans, a legally registered business is required for fix and flip funding. If you haven’t already filed, please register a new LLC in the state of Missouri.
Speak with a Fix & Flip Loan Advisor
Is Missouri good for house flipping?
Due to affordable housing prices, a strong rental market, stable job market and tax credits, Missouri has become a great place to flip a home in. Compared to other US cities, it’s easier to find properties at lower price points in St. Louis (STL) and Kansas City (KC). This makes it easier for new investors to enter the real estate market with a low down payment and lots of upside.
There’s also a strong demand for rental properties in MO college towns like Columbia, which are home to the University of Missouri (Mizzou). Student housing tends to require home renovations and investors are always looking for rental opportunities.
In many parts of the Show-Me State, local governments offer tax incentives for renovating historic properties or investing in opportunity zones. These incentives reduce the cost of renovations and increase the profitability of fix and flipping for investors.
Best cities to fix and flip in Missouri
While every fix and flip project is different and carries its own risks, there are some cities that offer better investment opportunities than others. Here are the best cities for house flipping in Missouri:
Kansas City
Average home value: $224,794
Sold over list price: 38.0%
Median days to pending: 12
St. Louis
Average home value: $168,616
Sold over list price: 35.6%
Median days to pending: 16
Columbia
Average home value: $279,628
Sold over list price: 34.5%
Median days to pending:15
Springfield
Average home value: $219,782
Sold over list price: 23.2%
Median days to pending: 17
Independence
Average home value: $187,141
Sold over list price: 38.3%
Median days to pending: 13
Data Updated: February 9, 2024