MO · St. Louis
Bridge, Flip & Construction
Loans in St. Louis, MO
Bridge, fix & flip, construction, renovation and DSCR loans for residential investment property in St. Louis, $1M to $5M, term sheet in 24 to 48 hours. For US investors and foreign nationals on the same terms.
Passy Capital finances real estate investors who buy, renovate and build residential investment property in St. Louis City and St. Louis County: bridge loans, fix & flip loans and ground-up construction loans for infill, spec homes and build-to-rent, plus renovation and DSCR financing for the hold. Loans run from $1M to $5M, with a term sheet in 24-48 hours and closing in about two weeks on a clean file.
Much of St. Louis is built in brick, and investors renovate single-family houses, two-family flats and small apartment buildings in neighborhoods such as Tower Grove, Shaw, Soulard and Lafayette Square, and in inner-ring suburbs of the county. Missouri foreclosure is non-judicial and the state has no transfer tax, two points that shape leverage and the flip budget. We size flips on cost and after-repair value, builds on cost, and rentals on value and rent.
Investors based outside the US borrow on the same terms as local operators. The loan is made to your US LLC and underwritten on the property, with no US credit history and no Social Security number required. Business-purpose lending only, on non-owner-occupied property.
St. Louis Market Highlights
Independent City
St. Louis City is separate from St. Louis County, with its own assessor, collector and permitting.
Brick Housing Stock
Older brick single-family houses and two-family flats are common across the city's neighborhoods.
No Transfer Tax
Missouri levies none, and its constitution bars new taxes on the sale or transfer of real estate.
Non-Judicial Foreclosure
Deed of trust with power of sale and at least 20 days' notice of the trustee sale (RSMo 443.310).
Full-Budget Underwriting
Flips are sized on purchase, full scope of work and an after-repair value backed by recent sales.
Same Terms From Abroad
Non-US investors borrow through a US LLC with no US credit history and no foreign-national premium.
Key Submarkets
Tower Grove South
Shaw
Southwest Garden
Soulard
Benton Park
Lafayette Square
Central West End
Dogtown
Clayton
Kirkwood
Webster Groves
Maplewood
Property Types We Finance
Single-Family
2-4 Units
Condos & Townhomes
Small Multifamily (5-9)
Spec Homes
Build-to-Rent
SFR Portfolios
Renovation Projects
Loan Programs
Bridge Loans
Buy, refinance or cash out an investment property, closing in about two weeks.
Construction
Ground-up spec homes and build-to-rent, with draws tied to milestones.
Renovation / Rehab
Rehab financing on 1-4 unit and small multifamily, drawn against completed work.
Fix & Flip
Purchase and rehab in one loan for 1-4 unit flips, closing in about two weeks.
DSCR / Rental
Long-term rental financing based on property cash flow.
How we finance St. Louis deals
- Renovations of brick houses and small apartment buildings. Purchase and renovation in one loan, up to 90% of cost, for single-family houses, two- to four-family flats and small apartment buildings in the city's older neighborhoods and inner-ring suburbs. We size each flip on the purchase price, the full scope of work and an after-repair value supported by recent comparable sales.
- City or county: different offices. The City of St. Louis is independent of St. Louis County. A project in the city goes through the city's assessor, collector and permitting; one in Clayton, Kirkwood or Webster Groves goes through the county and the municipality. We underwrite the timeline and the tax bill against the right office.
- Construction and DSCR. Ground-up construction up to 85% of cost for infill, spec homes and build-to-rent, and DSCR loans up to 80% of value to hold the finished or renovated property once it is leased. Missouri has no real estate transfer tax, which keeps closing costs on the purchase and the eventual sale low.
See all Missouri markets on our Missouri page, or what we fund.
Investing in St. Louis from outside the US
If you are buying in St. Louis from outside the United States, financing is usually where the process stalls: no Social Security number, no US credit history, and no retail bank willing to underwrite a foreigner. We lend to your US LLC instead, underwrite the property rather than a US profile you have no way to build, and charge no foreign-national premium for it.
Frequently asked questions
What do you finance in St. Louis?
Bridge loans, fix & flip loans and ground-up construction loans for infill, spec homes and build-to-rent, plus renovation and DSCR loans. Loans run from $1M to $5M on single-family, 2-4 units, condos and townhomes, small multifamily up to 9 units, build-to-rent and SFR portfolios.
How much of a St. Louis renovation can you finance?
Up to 90% of cost on fix & flip and renovation, with renovation funds released in draws as work is completed and inspected. Ground-up construction goes up to 85% of cost, and bridge and DSCR loans up to 80% of value.
Can a foreign national borrow for a St. Louis property?
Yes. The loan is made to your US LLC and underwritten on the property rather than on a US credit history, so a non-resident borrows on the same terms as a US investor, with no Social Security number required.
What does a St. Louis loan cost?
The fee is 1-2% of the loan, paid at closing, with no upfront fees. The term sheet within 24-48 hours sets out the rate and terms for your specific deal.
Learn More
How a Construction Loan Draw Schedule Works
How draws are requested, inspected and released during a renovation or build.
Can I Refinance a Bridge Loan Into a DSCR Loan?
How a finished renovation or build moves from short-term financing to a long-term rental loan.
How to Set Up a US LLC as a Foreign Investor
The entity that holds the property and borrows, and how a non-resident forms one.
Other Cities in Missouri
We also finance investors across other Missouri markets.
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