Westre Financial
Group, LLC
Westre Financial
Thinking of flipping houses in the St. Louis market?
The potential profits tempt – imagine buying an outdated property, renovating it into a modern dream home, and then selling it for a tidy sum. Yet, between securing financing, unpredictable rehab costs, and shifting market trends, successfully navigating a flip proves complex even for seasoned investors.
That’s why over 1,237 St. Louis house flippers partnered with Westre Financial over the past 20+ years. They understand securing the right financing and insight in this market means the difference between profitability and pitfalls.
We guide clients through every stage of a smooth, lucrative flipping journey – from assessing individual deals to qualified lenders providing flexible funding options. Consider us your home rehab education, capital connection, and risk reduction resource.
From rookie rehabbers lured by HGTV to seasoned investors staying alert for the next undiscovered fixer-upper gem, St. Louis attracts plenty of folks fired up about house flipping.
But should you proceed armed only with enthusiasm?
Not without truly understanding this market.
Westre Financial Group helps clients weigh the pros and cons through market analytics about everything from permit patterns predicting renovation expenses to 3-year price trajectories informing sale prices. We arm you with intelligence so you can invest smart.
As experienced hard money lenders, we examine dozens of elements that ultimately determine whether a flip sinks or swims. Top factors include:
Maximize leverage negotiating with motivated sellers about price, earnest money, and contingencies.
Careful rehab planning and reliable contractor oversight control expenses.
Sufficient lending to acquire and improve the property rapidly.
Understanding market cycles and value trajectories using data tools.
Building in flexibility given economic uncertainty and interest rate shifts.
For over 20 years, Westre Financial equipped St. Louis flippers with data, capital, advice, and risk management across all five areas – contributing to an average client flip ROI between 18-22% since 2001.
Flipping endeavors live or die based on financing. While DIYers dream of scoring fixer-uppers with all-cash offers, most investors need lending to fund acquisitions and renovations. Yet, flips don’t fit neatly into rigid bank financing products. That’s where hard money loans bridge the gap when traditional loans fall short:
From 7-13% based on individual risk factors, ideal for shorter-duration flips.
Capital in days, not weeks or months, like at banks.
Loans up to 80% of expected future value to maximize profit.
From 9 months to 3 years to complete renovations and sell.
No traditional loan closing costs, home appraisal fees, or lender title insurance.
By understanding the St. Louis market intricacies, Westre Financial Group’s hard money loans fuel expedited, profitable flips from North County to South City.
We further distinguish Westre through comprehensive education, planning, and support in every stage of your flip:
With integrated lending and advisory, our clients flip fearlessly, even in shifting markets.
We encourage prospective flippers to understand the full time, cost, and risk factors before pursuing St. Louis projects. Please explore some FAQs regarding the process:
No down payment is needed. However, you might have to show proof that you have the rehab funds.
Kitchens, bathrooms, flooring, and curb appeal. Our team provides data-backed recommendations.
Purchase price, accurate scope/budget, delayed timelines, and market swings. Mitigate with Westre!
Plan around six months, but flexible loan terms let homes sell when ready.
Westre Financial has spent over 20 years empowering St. Louis flippers to maximize ROI and successfully navigate market uncertainty. Let us guide you on the same path to flipping confidence and profitability.
Connect with us today at 314-626-4442.