Lenders in Kansas City, Missouri and HELOC options

[James Johnston]

Hello, I’m looking to purchase my first rental property/house hack in Kansas City, Missouri. I own my current home outright, and was hoping to find someone in the area that could offer some guidance in navigating the financing of deal, hopefully using a HELOC. Preferably someone who is an investor as well. Just not sure want banks to talk to about getting this type of financing, and wanted to find out more about what my options are and what I should be looking for with current interests rates.

[Harjeet Bhatti]

@James Johnston You can get HELOC from any local bank or where you do your banking. The other option will be cash out.

[Logan Freeman]

James, having the right lender is crucial. I’ve got the right references for you.

[Brandon Jackson]

Hey James. I’m a local investor here in the Kansas City area. If you haven’t made any progress yet with the HELOC get in contact with me. I know some local banks that would love to do businesses with you.

[Sal Souza]

Hi James, We're out of state but used a lender that has offices in Kansas City and St. Louis. They allowed us to use our HELOC for down payments on several homes in KC. PM me for details if interested.

[Matt Pritchard]

@James Johnston Sounds like a great plan!  I'm happy to help with referrals as you get started.  Everything from Realtors to help you find the deal to crews for the work.  I do have a great lender we put our rental properties with.  Shoot me an email if you want to be introduced and compare their products.  

[Csilla Veress]

@Matt Pritchard Would you mind sharing some contractors you'd recommend? we are looking for basic, to plumbing, landscaping for our first property in that area

thanks!

[Sam Sala]

Quote from @James Johnston:

Hello, I’m looking to purchase my first rental property/house hack in Kansas City, Missouri. I own my current home outright, and was hoping to find someone in the area that could offer some guidance in navigating the financing of deal, hopefully using a HELOC. Preferably someone who is an investor as well. Just not sure want banks to talk to about getting this type of financing, and wanted to find out more about what my options are and what I should be looking for with current interests rates.

 Hey,

Which lenders do you recommend for KC ?