Best Kansas Investment Property Loans (Hard Money / DSCR) - Easy Street Capital!

[Robin Simon]

Easy Street Capital is proud to be a leading private lender for The Sunflower State! We offer industry leading Hard Money and DSCR Loans for every type of Kansas Real Estate Investor. Easy Street Capital is the investment property loan provider for real estate investors of all experience levels and specialties, including popular strategies such as Short Term Rentals, Fixing and Flipping and the BRRRR Method! Our Kansas DSCR Loans are perfect rental loans for the long-term real estate investor looking for cash flow. Our Kansas Hard Money Loans are ideal for renovators looking to add value through rehabs or ground-up construction!

Check out the rest of this Kansas Investment Property Loans page for all the information you need on our loan programs. Check out recently funded rental loans, information on all of our loan programs, FAQs, market analysis and more!

Real Estate investors from across the country are headed towards Kansas to build rental property portfolios. The Sunflower State is a current favorite of real estate investors due to many factors. These include a strong economy, affordable prices and stable rents! Easy Street Capital is proud to be a leading provider of loans for rental properties for real estate investors looking to build rental portfolios in Kansas!

Types of Loans for Kansas Real Estate Investors

When it comes to real estate investing in Kansas, there are many markets and types of investment property loans to choose from. For investors that like to get their hands dirty, rehabbing run-down properties, hard money renovation loans are a perfect choice! These loans allow you to buy a property quickly and finance your rehab costs as well! Once you are done, you can either “flip” the property for a quick profit or pursue the BRRRR Strategy by renting it out and then refinancing into a long-term, low-rate DSCR loan!

Long-term DSCR Loans are also great for investing in turnkey rental properties. Turnkey refers to properties that are rent-ready and require no renovations. Move-in ready single-family homes and fully furnished short term rentals are great for cash flow and price appreciation. Most DSCR Loans are fixed rates for thirty years, locking you into a fixed interest rate for the long-term. While, if historical patterns continue, rents and appreciation increase steadily each year. Bottom line, debt costs stay the same while cash flow increases!

Real estate investors in Kansas appreciate the market’s advantageous feature of no prepayment penalties, allowing them the freedom to refinance without any financial constraints. Although some lenders may adjust interest rates slightly higher to accommodate this flexibility, the ability to refinance presents a significant advantage for investors seeking greater financial freedom.

Where To Invest In Real Estate In Kansas

Kansas offers a variety of attractive real estate investment options. As the largest city, Wichita provides a diverse economy and a growing population, making it an appealing choice for investors. Kansas City, located on the border of Kansas and Missouri, combines urban amenities with suburban charm. Topeka is the capital of the state with a sizable population. Furthermore, Lawrence is home to the flagship university, University of Kansas. Lastly, Great Bend is a town located in southern Kansas that brings visitors in for its outdoors and wildlife.

Wichita

Wichita, the largest city in Kansas, boasts a population of over 390,000 residents, making it a bustling urban center. The city’s diverse economy encompasses sectors such as aviation, manufacturing, and healthcare, providing a solid foundation for rental property owners. Wichita is home to major corporations like Spirit AeroSystems and Koch Industries, contributing to a stable job market and rental demand in the area.

Wichita’s robust economy and growing population make it an appealing market for real estate investors. The city’s job opportunities and population growth create a consistent need for rental properties, with potential for long-term leases, medium-term rentals, and short-term rentals. Wichita is not only an economic hub but also offers a rich cultural scene. The city features impressive museums, such as the Wichita Art Museum and the Exploration Place, providing engaging experiences for residents and visitors.

Real estate investors can find very affordable investment opportunities in Wichita, with the median sales price for a single-family home in January 2024 at $205,000, according to Redfin. In addition, Zillow reports that the average market rent in Wichita in March 2024 was $2,000 per month. Investors using rental loans can take advantage of low-down payment options and earn substantial cash flow with potentially high cash-on-cash returns.

Kansas City

Kansas City, the third largest city in the state, boasts a population exceeding 150,000 and serves as an economic hub for the state with its thriving and diversified economy. Major industries in the area include healthcare, manufacturing, and logistics. The presence of major companies like Cerner Corporation and Sprint Corporation contributes to a strong and stable job market, with a low unemployment rate.

This city offers highly favorable conditions for real estate investors, with remarkably affordable and lucrative housing opportunities. As of 2024, the average price of a single-family home stands at approximately $203,000, as reported by Redfin. This represents a notable year-to-year increase of 19.4%! Additionally, the average median rent in March of the same year is $1,170, according to Zillow. These two key metrics establish an exceptional price-to-rent ratio, positioning Kansas City as an advantageous market where investors can secure substantial rental income relative to property prices, surpassing many comparable markets.

Kansas City is also renowned for its vibrant events and attractions that draw in visitors throughout the year. The city offers a diverse range of cultural and entertainment experiences, including the Kansas Speedway and Legends Outlets Kansas City. The proximity to Kansas City, Missouri, provides easy access to popular destinations such as the Country Club Plaza and the Nelson-Atkins Museum of Art.

Topeka

Topeka, the capital city of Kansas, stands as a dynamic and thriving economic center with a population exceeding 125,000 residents. The city’s diversified economy encompasses various sectors, including healthcare, manufacturing, and government services. Notable companies such as Blue Cross and Blue Shield of Kansas, Hill’s Pet Nutrition, and Washburn University contribute to a robust job market and overall economic stability, reflected in the city’s low unemployment rate.

Real estate investors are presented with highly favorable conditions in Topeka, with affordable and potentially lucrative housing opportunities. As of the current year, the average price of a single-family home in Topeka is approximately $172,026, according to Zillow.

Topeka is not only an economic powerhouse but also a city rich in culture and attractions. Visitors can explore renowned destinations such as the Kansas State Capitol, the Topeka Zoo, and the Combat Air Museum. The city also hosts numerous annual events, including the Kansas Chocolate Festival and the Kansas State Fair, which attract visitors from near and far.

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Are you a Property Manager, Full-Scale Mortgage Broker (including Conventional, Non-QM) or Investor-Friendly Real Estate Agent in Kansas? We are looking for trusted professionals in Kansas to refer our investor borrowers too! Comment or DM me to discuss, and we can potentially feature you on our website!

[Robin Simon]

Recent Easy Street Kansas Rental Property Loans (DSCR Loans) Funded!

💵Just Funded💵
$84,450 rate & term refinance DSCR Loan in Topeka, Kansas. While the rate is a bit higher because KS is a no-prepayment state - this allows ultimate flexibility on the borrower to refi easily when rates come down. Still cash flows! via @Zach Edelman

💵Just Funded💵
$75,000 Acquisition DSCR Loan on a Single Family Rental in Wichita, Kansas! Local real estate investor continues to build out a financial freedom real estate portfolio, this low-cost, low-down payment rental makes door number four!

💵Just Funded💵
$175,500 Cash-Out Refinance Rental Property Loan (DSCR) on a investment property duplex in Garden City, Kansas! Budding real estate investor with a varied skill set both rehabbing and operating rental properties, cashes out some equity on this cash-flowing property to seize upcoming opportunities

[Robin Simon]

Another Kansas DSCR Loan (Kansas BRRRR Loan) funded by Easy Street Capital!

💵Just Funded💵🧊BRRRR Loans🧊
$191,250 Cash-Out Refinance DSCR Loan on a Rental Property in Topeka, Kansas. This repeat Easy Street borrower repeats yet another BRRRR Method success story, recycling capital to build a financial freedom portfolio through real estate!