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Updated about 2 months ago, 09/27/2024

User Stats

1
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Matthew Everest
Pro Member
0
Votes |
1
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Seeking Recommendations for Private Money Lenders in KC

Matthew Everest
Pro Member
Posted

My wife and I are real estate investors based in Kansas City, currently managing two rental properties. We're lined up to purchase our next deal from a family member—a house that needs a full cosmetic rehab. We plan to utilize the BRRRR method for this project.

We're looking for private money lenders in the Kansas City area to help fund the purchase. Our plan is to use funds from a HELOC we have secured to cover the rehab costs, and once the rehab is complete, we intend to cash out refinance to pay the private money lender back.

If you or anyone you know has recommendations for private money lenders, I would greatly appreciate your insights!

Thank you for your help!

-Matt

  • Matthew Everest
  • User Stats

    1,739
    Posts
    1,762
    Votes
    River Sava
    Pro Member
    #1 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
    • Lender
    • USA
    1,762
    Votes |
    1,739
    Posts
    River Sava
    Pro Member
    #1 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
    • Lender
    • USA
    Replied

    Hey Matt, I'd love to connect and see if we can help out. It sounds like you have a solid plan with the BRRRR method, and I know private money lending can be a crucial part of that process. If you're open to it, let's chat and explore some options together!

  • River Sava
  • [email protected]
  • User Stats

    20
    Posts
    6
    Votes
    Gregory Whitmyer
    • Lender
    • Maryland
    6
    Votes |
    20
    Posts
    Gregory Whitmyer
    • Lender
    • Maryland
    Replied

    Hi Matthew! I'm Gregory, Chief Operating Officer of Over The Net Capital LLC and we're a nationwide private money lender. I would love to help you. Let's connect to discuss partnership.

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    User Stats

    28
    Posts
    0
    Votes
    Replied

    Hey Matt! I'd like to connect with you to offer you some options that we have.

    User Stats

    80
    Posts
    8
    Votes
    Luis De la Puente
    • Lender
    8
    Votes |
    80
    Posts
    Replied
    Quote from @Matthew Everest:

    My wife and I are real estate investors based in Kansas City, currently managing two rental properties. We're lined up to purchase our next deal from a family member—a house that needs a full cosmetic rehab. We plan to utilize the BRRRR method for this project.

    We're looking for private money lenders in the Kansas City area to help fund the purchase. Our plan is to use funds from a HELOC we have secured to cover the rehab costs, and once the rehab is complete, we intend to cash out refinance to pay the private money lender back.

    If you or anyone you know has recommendations for private money lenders, I would greatly appreciate your insights!

    Thank you for your help!

    -Matt

    Hey Matthew,
    I’m a nationwide private money lender and broker, and we specialize in getting deals across the finish line. Let’s connect so we can explore how our financing solutions can support you in locking this one down! Looking forward to working together.

    User Stats

    50
    Posts
    3
    Votes
    Replied

    Hi Matthew! I'm a nationwide private money lender and broker ready to help you finance your deals. Let’s chat about how we can assist with your funding needs. Let me know when's the best time.

    User Stats

    78
    Posts
    15
    Votes
    Craig Warner
    • Lender
    • Nationwide Lender / NMLS# 129642
    15
    Votes |
    78
    Posts
    Craig Warner
    • Lender
    • Nationwide Lender / NMLS# 129642
    Replied

    Hey Matt,

    We can help with your refi, long term going DSCR. We have very aggressive rates. Once you are ready to refi let me know and can give you a quote.

    Thanks

    Craig

    User Stats

    16
    Posts
    1
    Votes
    Replied

    Hi Matthew. I'm an asset based lender based in Kansas City and would love to take a look at your deals and help out. When can we schedule a call?

    User Stats

    66
    Posts
    26
    Votes
    Virginia Franzese
    Agent
    Pro Member
    • Real Estate Agent
    26
    Votes |
    66
    Posts
    Virginia Franzese
    Agent
    Pro Member
    • Real Estate Agent
    Replied

    Reach out to Chuck Reeves! He and his team have helped a number of our investor clients and they have done a wonderful job!

    • Virginia Franzese

    User Stats

    80
    Posts
    8
    Votes
    Luis De la Puente
    • Lender
    8
    Votes |
    80
    Posts
    Replied

    Hello. My name is Luis from Gil & Bridge Investments. We are PML and brokers. We can fund your project. Please contact us at: [email protected]

    User Stats

    3,126
    Posts
    2,168
    Votes
    Caleb Brown
    Agent
    Pro Member
    • Real Estate Agent
    • Blue Springs
    2,168
    Votes |
    3,126
    Posts
    Caleb Brown
    Agent
    Pro Member
    • Real Estate Agent
    • Blue Springs
    Replied
    Quote from @Matthew Everest:

    My wife and I are real estate investors based in Kansas City, currently managing two rental properties. We're lined up to purchase our next deal from a family member—a house that needs a full cosmetic rehab. We plan to utilize the BRRRR method for this project.

    We're looking for private money lenders in the Kansas City area to help fund the purchase. Our plan is to use funds from a HELOC we have secured to cover the rehab costs, and once the rehab is complete, we intend to cash out refinance to pay the private money lender back.

    If you or anyone you know has recommendations for private money lenders, I would greatly appreciate your insights!

    Thank you for your help!

    -Matt


     Happy to send you a couple go to ones :)

    • Caleb Brown

    User Stats

    14
    Posts
    3
    Votes
    Daniel Kopp
    Pro Member
    • St. Louis, MO
    3
    Votes |
    14
    Posts
    Daniel Kopp
    Pro Member
    • St. Louis, MO
    Replied

    Hi Matt,

    I might be able to assist with funding your deal. Let’s connect to discuss your project further and see how we can make it work. Feel free to DM me for more details or to schedule a call.

    Looking forward to helping you!

    Best,

    Dan

  • Daniel Kopp
  • User Stats

    3,610
    Posts
    1,127
    Votes
    Erik Estrada
    Lender
    #4 Mortgage Brokers & Lenders Contributor
    • Lender
    1,127
    Votes |
    3,610
    Posts
    Erik Estrada
    Lender
    #4 Mortgage Brokers & Lenders Contributor
    • Lender
    Replied
    Quote from @Matthew Everest:

    My wife and I are real estate investors based in Kansas City, currently managing two rental properties. We're lined up to purchase our next deal from a family member—a house that needs a full cosmetic rehab. We plan to utilize the BRRRR method for this project.

    We're looking for private money lenders in the Kansas City area to help fund the purchase. Our plan is to use funds from a HELOC we have secured to cover the rehab costs, and once the rehab is complete, we intend to cash out refinance to pay the private money lender back.

    If you or anyone you know has recommendations for private money lenders, I would greatly appreciate your insights!

    Thank you for your help!

    -Matt


     Hey Matt, 

    Have you considered financing the rehab instead? Many hard money lenders will allow a higher leverage if the rehab is also financed. 

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    User Stats

    10
    Posts
    1
    Votes
    Dalton O'Donnell
    Lender
    1
    Votes |
    10
    Posts
    Dalton O'Donnell
    Lender
    Replied

    We are headquartered in Lees Summit. We have our own in house cash we lend out locally and it's pretty easy/streamlined. I am open to chatting to see if we are a good match!

    • Dalton O'Donnell

    User Stats

    187
    Posts
    24
    Votes
    Nick Bednarczyk
    • Lender
    • Sarasota, FL
    24
    Votes |
    187
    Posts
    Nick Bednarczyk
    • Lender
    • Sarasota, FL
    Replied

    Hello

    I REPRESENT THE 2ND LARGEST MORTGAGE BROKER IN THE COUNTRY AND FOCUS ON ALL INVESTOR NON QM LOANS.

    Our top lenders will allow the cash-out refi to take place once the project is finished and the rental in place. At Improved Valuation..  NO 6-month or 12-month wait.

    Feel free to reach out at your convenience.

    Nick Bednarczyk  Direct 941-266-7995

    PS. Did i mention that we closed over 1600 loans nationwide last month