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Business Page


business profile image

North Oak Investment, LLC

Lender
4.6 stars
38 Reviews

Markets served


Kansas
Missouri

Licenses


Additional Licenses & Information

AAPL Certified Private Lenders

More ways to connect


About us


North Oak Investment is a Kansas City–based private lender with more than 40 years of local real estate lending experience, built on integrity and a commitment to serving investors. We’re invested in our clients’ success, providing straightforward funding and a consultative approach. We want to make sure every deal is a win for all involved. Our AAPL certification means we uphold standards and ethics for private lending.

We're new to Bigger Pockets, and look forward to the opportunity to serve you if you're looking for funding for fix and flip projects.

Specialties


Hard/Private/Non-QM

Fix & Flip

Reviews (38)


4.6 stars
38 Reviews
4.6 stars
38 Reviews
0.0 star
0 Reviews

reviewer image
1.0 star
|
Edited a year ago
Reviewed by roshelle sease
My experience with North Oak Investment was not a very good experience, I was Very Disappointed in the way Bernie handle my Prospect property I was approved for the loan for this particular property all the papers where getting prepared for the actual closing. Then all of sudden I got email after 3 weeks had been approve for the loan and now said my Loan was denied. My Appraisal was scheduled but when I went out to meet the Appraiser we couldn't get in the property because the door was sticking was suppose to setup another time to meet up with the Appraiser that didn't happen. So, the Appraisal wasn't completed this Appraiser took a couple of pictures outside across the street from the property that didn't have anything to do with the property. The next day I was notified by email that my Loan was denied after I had been approved for the loan 4 weeks ago. Bernie, was calling me every day about this property trying to discourage me with whatever he would question and I would respond and and answer his questions. So, Bernie didn't want to Fund this deal and came up with alot of excuses to not fund the deal. Bernie, has Poor customer service very unprofessional and makes North Oak Investment look bad. Bernie, funds for who he wants to help with their funding he talks and says in his conversation with certain people and expresses prejudice with different nationalities. This is suppose to be a business to help people with their investments. I wouldn't recommend this company to anyone else, especially dealing with Bernie. He's Horrible very unprofessional.
reviewer image
5.0 stars
|
2 years ago
Reviewed by Kim at MAREI Tucker
A super long time ago, I sold a lot of houses to local investors who worked with Bernie over at North Oak. As the oldest hard money lender in town, they have been helping investors get their start for a very long time. As the leader at Mid-America Association of Real Estate Investors, we are proud to have TJ, Bernie and all the team at North Oak as a part of our community.
reviewer image
5.0 stars
|
7 years ago
Reviewed by Brent Bruington
Bernie and North Oak Investments are the best! I've done several rehab loan over the years and process is smooth and simple. If you need a rehab loan for your project look no further. I don't you'll find anyone better. I'm also a lender and have provided end loans for their clients too. Thanks guys!!!
reviewer image
5.0 stars
|
8 years ago
Reviewed by dean chester
I obtained my 1st construction loan , with the first house of my 45 year career in the construction industry. With Bernie Richter at north oak investment co. In 1972 , obviously I didn't know what I was doing , I depended on Bernie to walk me through the loan process on that first house. I've since had numerous New and rehab construction loans , with north oak investment co . It's always very easy and convenient to work with Bernie.
reviewer image
5.0 stars
|
Edited 8 years ago
Reviewed by Jimmy Webb
I have worked with North Oak Investment Company, along with family and friends for more than fifteen years. Bernie's knowledge of Real Estate and Rehab Loans is outstanding. After fifteen years of business with North Oak Investment Company, I would recommend the company to anyone.
reviewer image
5.0 stars
|
8 years ago
Reviewed by Sheila Vardakis
I've worked with Bernie for 14 years now helping to get my investor clients construction funding. He makes the process of closing the deal so smooth you would think you are paying with cash. The terms of the loan are great when you compare to other hard money lenders. I will continue to send my clients to Bernie because I know he will take good care of them.
reviewer image
5.0 stars
|
8 years ago
Reviewed by Michelle Monnig
I have worked with Bernie Richter for several years, referring clients to him for rehab construction loans. Bernie is great to work with and makes it easy to understand and keeps it simple! His efficient process, gets the client in position to get their project started quickly. I am happy to refer him anytime I can!
reviewer image
5.0 stars
|
8 years ago
Reviewed by Robert Brooks
North Oak Investment and Bernie Richter has been extremely valuable to the growth of my Real Estate Business. We started our business back in 1998 and Bernie was one of the first connection we were fortune enough to secure. It has been the knowledge and experience of Bernie and North Oak that has allow our business to have successfully completed over 50 deals. We continue our relationship with North Oak now because when you have something that works, why change it. The customer service is best that I have experienced in real estate lending. I highly recommend North Oak and Bernie for all of your real estate investment needs.
reviewer image
1.0 star
|
Edited a year ago
Reviewed by roshelle sease
My experience with North Oak Investment was not a very good experience, I was Very Disappointed in the way Bernie handle my Prospect property I was approved for the loan for this particular property all the papers where getting prepared for the actual closing. Then all of sudden I got email after 3 weeks had been approve for the loan and now said my Loan was denied. My Appraisal was scheduled but when I went out to meet the Appraiser we couldn't get in the property because the door was sticking was suppose to setup another time to meet up with the Appraiser that didn't happen. So, the Appraisal wasn't completed this Appraiser took a couple of pictures outside across the street from the property that didn't have anything to do with the property. The next day I was notified by email that my Loan was denied after I had been approved for the loan 4 weeks ago. Bernie, was calling me every day about this property trying to discourage me with whatever he would question and I would respond and and answer his questions. So, Bernie didn't want to Fund this deal and came up with alot of excuses to not fund the deal. Bernie, has Poor customer service very unprofessional and makes North Oak Investment look bad. Bernie, funds for who he wants to help with their funding he talks and says in his conversation with certain people and expresses prejudice with different nationalities. This is suppose to be a business to help people with their investments. I wouldn't recommend this company to anyone else, especially dealing with Bernie. He's Horrible very unprofessional.
reviewer image
5.0 stars
|
2 years ago
Reviewed by Kim at MAREI Tucker
A super long time ago, I sold a lot of houses to local investors who worked with Bernie over at North Oak. As the oldest hard money lender in town, they have been helping investors get their start for a very long time. As the leader at Mid-America Association of Real Estate Investors, we are proud to have TJ, Bernie and all the team at North Oak as a part of our community.
reviewer image
5.0 stars
|
7 years ago
Reviewed by Brent Bruington
Bernie and North Oak Investments are the best! I've done several rehab loan over the years and process is smooth and simple. If you need a rehab loan for your project look no further. I don't you'll find anyone better. I'm also a lender and have provided end loans for their clients too. Thanks guys!!!
reviewer image
5.0 stars
|
8 years ago
Reviewed by dean chester
I obtained my 1st construction loan , with the first house of my 45 year career in the construction industry. With Bernie Richter at north oak investment co. In 1972 , obviously I didn't know what I was doing , I depended on Bernie to walk me through the loan process on that first house. I've since had numerous New and rehab construction loans , with north oak investment co . It's always very easy and convenient to work with Bernie.
reviewer image
5.0 stars
|
Edited 8 years ago
Reviewed by Jimmy Webb
I have worked with North Oak Investment Company, along with family and friends for more than fifteen years. Bernie's knowledge of Real Estate and Rehab Loans is outstanding. After fifteen years of business with North Oak Investment Company, I would recommend the company to anyone.
reviewer image
5.0 stars
|
8 years ago
Reviewed by Sheila Vardakis
I've worked with Bernie for 14 years now helping to get my investor clients construction funding. He makes the process of closing the deal so smooth you would think you are paying with cash. The terms of the loan are great when you compare to other hard money lenders. I will continue to send my clients to Bernie because I know he will take good care of them.
reviewer image
5.0 stars
|
8 years ago
Reviewed by Michelle Monnig
I have worked with Bernie Richter for several years, referring clients to him for rehab construction loans. Bernie is great to work with and makes it easy to understand and keeps it simple! His efficient process, gets the client in position to get their project started quickly. I am happy to refer him anytime I can!
reviewer image
5.0 stars
|
8 years ago
Reviewed by Robert Brooks
North Oak Investment and Bernie Richter has been extremely valuable to the growth of my Real Estate Business. We started our business back in 1998 and Bernie was one of the first connection we were fortune enough to secure. It has been the knowledge and experience of Bernie and North Oak that has allow our business to have successfully completed over 50 deals. We continue our relationship with North Oak now because when you have something that works, why change it. The customer service is best that I have experienced in real estate lending. I highly recommend North Oak and Bernie for all of your real estate investment needs.

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Kendra Gensemer