HomeBlogHome SellingFlip Homes With No Money in Missouri: Where the Money Actually Comes From Share on Like what you see? Share with a friend. Flip Homes With No Money in Missouri: Where the Money Actually Comes From Chris Kirshenboim | August 29, 2020 Last updated August 10, 2026 If you're searching for how to flip houses with no money in Missouri, the honest answer is that the money still comes from somewhere. Partners, private lenders, hard money, seller financing: each one trades cash for a share of the upside, and each one carries terms worth reading twice before you sign. People do flip homes with no money of their own, and some of them do well at it. Others end up holding a house in Florissant that needs a roof, with nothing left in the budget to put one on. That second group is who we usually hear from. If you already own the property, the rehab has stalled, and the carrying costs are adding up every month, selling as-is is a real option and not a failure. Chris and the team buy St. Louis area houses in any condition, including half-finished ones, and there are no repairs or agent fees on your side of the table. We're rated 4.9 across 368 Google reviews, we're BBB A+ accredited, and our office is in Webster Groves. You can see how we buy houses, get a number, and take your time deciding. If the house is closer to home than that, you can also sell your house in St. Louis the same way, on the timeline that suits you. Many homebuyers in Missouri are able to start with nothing and build their own real estate empire from the ground up! In this article, we will discuss 4 ways to flip houses with no money in Missouri. 4 Ways To Flip Houses With No Money In Missouri You might think this sounds impossible, but people do it every day. If you want to flip homes with no money, you will need to do your homework and educate yourself on the process and what methods of funding are going to be the best option for YOU! You should create a business plan outlining exactly how you intend your property flipping venture to work. Find Some Partners In Missouri Think about who you know who may want to invest. Even think about people you don't know, but could pitch your investment idea to. This could be a friend, family member, business associate, or possibly another real estate investor who would be willing to partner with you. Once you have shared your strategy with your prospective partner, you can arrange for them to finance the deal, while you do all the work to get the job done. Loans In MO - Hard Money & Private Getting a loan, whether hard money or through a private lender can be a great strategy for securing the cash you need to make a property investment. A private money loan is a great method as there are many people out there, with money just sitting in their bank accounts, waiting to invest with you. They just don't know it yet. If you can present a tangible plan and reasons why they should invest with you, you will be able to find a private money lender who is ready to invest with you. A hard money loan is also a great way to get the cash you need fast. However, the thing with hard money loans is that they often come with a high-interest rate as well as points. Because of the high-interest rates, hard money loans are great for a property you know you can flip fast. They allow you to get the money you need quickly, just ensure you pay it back as soon as possible. Use What You Got In Missouri Even if you don't have an abundance of cash at your disposal, you might have other assets you can use to secure the financing you need. You can use a home you own, your IRA or retirement accounts, and even your 401k to help get a line of credit. If you tap into any of these accounts for a down-payment, beware of the associated risks, and tax penalties for pulling out money early. Mix & Match In Missouri Even if you can't get all of the funding you need using the methods above, you can mix and match the methods to achieve your goals. Maybe a rich aunt will loan you part of the downpayment, and you are able to pull the remaining amount from an IRA. Or maybe you partner with an avid local investor, only investing a small amount you borrowed through a hard money loan. Sell My House In Missouri However you decide to invest, do your research, and keep in mind all of the potential streams of credit that might be available to you! Whether you are looking to sell your house in St. Louis or wanting to start a home-flipping business, Chris Buys Homes in St. Louis can help you with some tips and strategies to flip a property. We have an awesome team of Missouri home buyers that are experts in this field. Are You Ready To Fix And Flip Homes In Missouri? Let Us Help You Get Started! Click Here Now And Fill Out The Form Or Call Our Office At (314) 334-1481! FAQs Frequently Asked Questions Can you really buy a Missouri house with none of your own cash? + Sometimes, through a private lender, a partner who funds the purchase, or a seller who carries the note. You are still borrowing the money, so the terms and the repayment schedule matter more than the purchase price. What happens if the renovation budget runs out halfway through? + You either raise more money on worse terms or you sell the house where it stands. Plenty of Missouri owners choose the second path once the holding costs, utilities, and loan payments stack up month after month. Can I sell a half-finished house in Missouri instead of completing the work? + Yes. We buy houses mid-project with open walls, missing fixtures, or an expired permit. You leave the materials and the mess behind, and the offer accounts for the work that is left. Do I need an inspection or appraisal before selling as-is? + No. We look at the property ourselves and make an offer based on what is actually there, so you are not paying for reports or waiting on a lender's appraisal to clear.
