Missouri’s multifamily housing market has experienced growth over the last few years, particularly in the metros, like Kansas City and St. Louis. Between high demand and lower entry costs for investors, Missouri offers an excellent opportunity for real estate investors looking to expand their portfolio with new properties that also make excellent passive income opportunities.
If you’re interested in exploring a multifamily housing investment in Missouri, Barrett Funding is here to help with strategic loan programs.
What Qualifies as a Multifamily Investment?
We typically offer multifamily loans for properties with at least 5 units and up to 100+ units. These are properties where multiple families or households share space, i.e., apartment complexes.
Multifamily investing is one of the largest commercial real estate asset classes. Investing in multifamily units can be a great path to building wealth through real estate, which is why passive investors are increasingly using multifamily properties to scale their portfolio.
With strategic loan programs and lower barriers to entry via DSCR loans, Barrett Funding can provide flexible financing options for investors looking to break into the multifamily market.
With our loan programs, we can support new construction, rehab, and the purchase of existing multifamily units. We also offer options that allow you to finance multiple properties under a single financing structure.
Why Missouri Is Great for Multifamily Investments
Missouri is a resilient and profitable area for investors looking to expand their portfolio or get started with multifamily housing investments. In Missouri, Barrett Funding has worked with investors at all stages of their careers who have seen consistent growth and profitability.
Growing Demand
Both St. Louis and Kansas City offer high-demand markets with significant rent growth potential. Cities in Missouri are experiencing population growth, creating a stable rental market with lower vacancy rates.
Affordability
Properties in the Midwest are affordable; property taxes, insurance premiums, and labor costs trend lower in the area. This means that multifamily units are less expensive to operate and manage compared to other markets.
Stable Growth
Missouri’s market is known for slow and steady appreciation compared to more volatile housing markets. With landlord-friendly regulations, managing multifamily units in Missouri can become an efficient tool for growing your portfolio.
Why Work With Barret Funding
We make investing easy. Our team often works with first-time investors, but we have the resources to support longtime real estate investors looking to scale their portfolios, too.
Getting started is as simple as using our Loan Match Tool or getting in touch with one of our mortgage lenders in Kansas City. Because we’re based in Missouri, we have our finger on the state’s pulse of investment opportunities and can help you navigate specific zoning laws and other legal requirements.
DSCR Loans for Portfolio Growth
At Barrett Funding, we specialize in DSCR loans. One of the biggest advantages of DSCR loans is that they’re based on the property’s performance—not yours. That means no W-2s, pay stubs, or tax returns. Instead, we look at rental income or projected cash flow to qualify the loan.
DSCR loans can be a great financing tool for investors looking to acquire multifamily properties, but they’re not our only available strategy. Whether you’re buying a multifamily property, building new construction, funding a commercial asset, or flipping a single-family home, we can help match you with the loan that best fits your project and goals.
It’s Time to Fuel Your Growth
When you’re ready to begin a multifamily housing investment in Missouri, the experts at Barrett Funding can provide loan solutions that set you up for success.
