Auburn Hard Money Loans
Intrust Funding is an Auburn private lender for real estate providing rehab loans to investors in Pierce County. Acquire your next property, renovate your next investment, or cash-out refi your last loan today. With funding in 48 hours, no inspections, no appraisals, and a simple 1% per month interest rate, Intrust Funding is real estate investing simplified.
Auburn, located primarily in King County and partly in Pierce County, is a bustling city with a population of over 81,000. The city’s diversified economy is a crucial draw for real estate investors, with key sectors including manufacturing, retail trade, and healthcare. Auburn also hosts a number of attractions, such as the Emerald Downs racetrack and the Muckleshoot Casino, which bring in visitors from around the region. With its strong economy, excellent connectivity, and ongoing developmental projects, Auburn offers a promising landscape for real estate investments. Whether you’re looking to invest in commercial real estate or residential properties, Auburn provides an array of opportunities.
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A Real Estate Investor’s Guide to Auburn
Auburn, WA
Auburn is home to the popular 167 acre Emerald Downs thoroughbred horse racing track. According to the 2010 census, the population sits around 70,000 people, making this town the 15th largest in Washington state. With Boeing as the largest employer in town, Auburn is a good destination for families looking for stable employment and long term housing. But as demand grows the supply diminishes. Real estate investors looking for passive income would be wise to select Auburn, WA, as the ideal place to use hard money loans for buy and hold situations.
Auburn is a city in King County. Considered a suburb in the Seattle Metropolitan area, it is currently ranked the fifteenth largest city in the state of Washington. Auburn is home to the Pacific Northwest’s premier outdoor concert venue: White River Amphitheater; Washington state’s only thoroughbred racing track: Emerald Downs; the largest mall within a city’s limits: The Outlet Collection; the biggest casino in the northwest: Muckleshoot Casino; and nearby Pacific Raceways, the official Western Washington stop of the NHRA.
Pierce County
The second most populous county in Washington state, Pierce County is home to more than 790,000 people. Named after U. S. President Franklin Pierce, Pierce County is home to Mount Rainier, a volcano, and the tallest mountain in the Cascade Range.
Geography
Auburn has a total area of almost 300 square miles. Two rivers, the White River, and, to a greater extent, the Green River, flow through the city.
Employment
As of 2017, Auburn has a 4.1 percent unemployment rate. The top employers in the city are Boeing, the Super Mall, Auburn School District, Muckleshoot Tribal Enterprises, Auburn Medical Center, Green River Community College & Emerald Downs. The Auburn Boeing Plant, opened in 1966, is the largest airplane parts plant in the world, with over 5,000 employees, 2,100,000 square feet and 1,265,000 parts being manufactured each year.
Transportation
Auburn Station is a major hub for the Green River Valley. There are many large roads nearby and within the city limits, including State Route 167 and State Route 18. Auburn also has its own transit center, Auburn Station in downtown, that serves as a major hub for southern King County. Sound Transit buses connect the Auburn Transit Center directly to Federal Way, Sumner, and Kent, while King County Metro Buses connect the Transit Center to Green River Community College, the Super Mall, and Auburn Way.
Hard Money Loan Scenarios Auburn, WA
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