Loans for Flipping Houses in Western Washington

Easy Loan Qualification | Simple Loan Process | Funding within 48 hours

Prequalify for a Fix and Flip Loan Today!

Financing for Flipping Houses and Home Rehab Loans

What are Fix and Flip Loans?

Fix and flip loans are typically utilized to renovate properties in disrepair. As real estate investors purchase a distressed or foreclosed property, fixer upper loans fund investors who rehab damages and “flip” the property from a disreputable eyesore to a profitable asset. And they allow borrowers to maintain a strong cash position. Financing for flipping houses through flip loans provides a substantial ROI for investors through:

  • Minimizing renovation expenses;
  • Maximizing property market value;
  • Quick turnover time.

Since foreclosed or distressed properties typically enter the market as a low cost acquisition and are bought by seasoned real estate investors quickly, it can be difficult for anyone but local, capital rich investors to find and close deals on these valuable opportunities. The advantage of loans for flipping houses in this circumstance is significant. Because cash on hand is an important leverage in closing negotiations, Intrust Funding, a hard money lender in Western Washington, provides hard money fix and flip loans to real estate investors. Consequently, the playing field has been leveled.

Flipping houses with bad credit or no credit? No problem. As fix and flip lenders, we underwrite your real estate investment based on its After Repair Value (ARV).

Fixer Upper Loan Intrust Funding

Why Choose Fixer Upper Loans?

Intrust Funding Is Washington State’s Proven Hard Money Lender

Working with hard money lenders like Intrust Funding empowers investors to make cash offerings, fund rehab and construction projects within 48 hours of closing, and make rent-ready products or sell properties for high ROIs in very brief periods of time. That means more projects funded, higher cash flow potential, and less money out of pocket.

Quick Facts about Intrust Funding’s Fix and Flip Loans

  • Up to 90% Loan-to-Value
  • First Draw within 48 Hours of Closing
  • Loan amounts: $50,000 – $7,000,000*
  • No limit on the number of properties
  • For single and multifamily renovations
  • Loans are available to individuals, trusts, corporations, and limited partnerships
  • Property must be non-owner occupied

*Loan amounts, terms, and conditions are negotiable on a case-by-case basis.

Get started on your fix and flip loan today!

Buying Foreclosed Homes: Is it Worth the Risk?

Buying Foreclosed Homes: Is it Worth the Risk?

“Foreclosures are great real estate investments, but many traditional lenders see the risk and not the reward on these properties. That’s why more real estate investors are using hard money loans to buy foreclosures.” - Loren HowardA hard money loan makes it easy to buy, repair, and profit from foreclosure real estate investments. Real estate investors can also close on properties faster than ever because hard money loans aren’t credit based and can be funded in as little as 48 hours by lenders like Intrust Funding.

Financing for Flipping Houses: An Alternative to Traditional Loan Programs

Despite the tremendous potential in distressed and foreclosed properties, many do not meet FHA lending guidelines. For real estate investors, this unfortunately means many large, federal programs are unavailable fund sources for these situations. Before private money lenders, that meant unharnessed potential was ignored.

Intrust Funding specializes in fix and flip loans. In fact, investors and developers can typically receive same-day prequalification and their first loan draw within 48 hours of closing!

Fix and Flip Loan Scenarios:

  • Buy-to-Sell Properties
  • REO or Bank Owned Purchase and Rehab
  • Refinancing a Short Term Loan Intended for a Fixer Upper Project
  • Buyer Unable to Qualify for Conventional Financing
  • Portfolio Loans and Multi-Property Loans

With flexible terms, a 90% LTV, and funding from $50,000 to $7,000,000 and more, Intrust Funding’s loans for flipping houses are perfect for investors in Seattle, Bellevue, and other Western Washington markets.

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