Bainbridge Island Hard Money Lenders
Intrust Funding is a Bainbridge Island private lender providing flip loans to investors in Kitsap 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.
Hard Money Loans for Real Estate Investors
Funding in 48 Hours
No Appraisals | No Draw Inspections
Rehab & Construction Loans
Bainbridge Island Hard Money Loans
When you’re looking for investment properties, the city of Bainbridge Island is a great place to look. Private investors looking for Bainbridge Island commercial real estate choose us for buy & hold and fix and flip projects in Kitsap County. For long term wealth and passive income, many of our borrowers choose one of our loan options to follow the BRRRR method, popularized by Bigger Pockets. Intrust Funding’s short term loans typically range from 5 to 12 months. With funding in 48 hours, our borrowers appreciate that our application process is quick and simple. We make real estate investing easy.
Bainbridge Island, WA, Real Estate Marketing Data
View up-to-date data for Bainbridge Island’s real estate market.
Real Estate Investment Loans for Bainbridge Island, WA
As leading real estate hard money lenders in Bainbridge Island, we are known for our simple bridge loan qualification process! If you have bad or no credit, that doesn’t matter to us. However we do need a credit report, or a copy of a credit report issued within the last 12 months, just to make sure there are no liens on any collateral you might use. We also need proof of funds for the down payment. To prequalify for a short term loan from us, that’s about all we need. But an investment property with no septic in place, is selling at in-person county auctions, or does not have a free and clear title with no liens will not typically receive a hard money loan from Intrust Funding. Furthermore, we do not fund land-only deals, unless the land value is equal to or exceeds the loan amount. Our flip loans are typically used to purchase an investment, renovate a property, or to refinance a loan from another lender. All fees, like origination fees, are rolled into the loan, while a ballon payment is due at the end when the investment property is sold, rented out, or refinanced, allowing our competitive rates to match or beat other hard money lenders in Kitsap County. Similarly, our flat 1% interest rate per month attracts investors all over Washington state. Intrust Funding is a well-known hard money lender in the city of Bainbridge Island, offering cash on hand loans for difficult to fund projects.
Bainbridge Island Bridge Loans
Sometimes hard money loans are called bridge loans. This is because bridge loans act as bridges between quick, short-term and long-term financing. Investors looking for bridge loans in Bainbridge Island, Washington, trust Intrust Funding to give them the best deals in Kitsap County.
Rehab Loans for Bainbridge Island Real Estate
For Bainbridge Island real estate investors who need hard money to fund both the acquisition of a property and the renovation costs, Intrust Funding’s Bainbridge Island rehab loans roll up everything into one loan, for your convenience.
AirBnB Loans for Bainbridge Island, WA
The AirBnB business model is simple. It is a two-sided platform that facilitates the process of renting out and booking a commercial property for travelers to stay in. AirBnB commercial properties in Bainbridge Island have become a popular option for real estate investors to acquire real estate investments and generate value.
Fix and Flip Loans Bainbridge Island, WA
Today, fix and flips are all the rage. One reason for this trend is the way seasoned investors leverage hard money to fund fix and flip projects. Let us help you out on your next Bainbridge Island fix and flip with our hard money loan!
Cash Out Refinance Hard Money Loan
If you need to refinance a hard money loan for an investment property in Bainbridge Island, we fund cash-out refi loans every day. Whether you need a longer loan period, want to cross-collateralize investments, or more, our Bainbridge Island cash out refinance loans are for you.
BRRRR Method in Bainbridge Island, Pierce County
With the BRRRR method, investors can use cash, or a short-term loan, to buy, rehab, rent, refinance, and then repeat this system for investing in rental properties. Throughout Bainbridge Island, real estate investors who are searching for real estate hard money lenders and real estate investment properties to use the BRRRR method with choose Intrust Funding.
Bainbridge Island, WA
Bainbridge Island is a city and island in Kitsap County, Washington, United States, located in Puget Sound. The population was 23,025 at the 2010 census and an estimated 25,298 in 2019, making Bainbridge Island the second largest city in Kitsap County.
Bainbridge Island has four centers of commerce: Winslow, Lynwood Center, Fletcher Bay (also referred to as Island Center), and Rolling Bay. Winslow is the downtown core and has most of the shopping and dining. Lynwood Center on the south end of the island has several restaurants and a small hotel. Fletcher Bay (also referred to as Island Center) has a small grocery store and one restaurant. Rolling Bay is located on the east side of the island.
Kitsap County is home to over 250,000 people and was named after Chief Kitsap of the Suquamish Tribe. With Bremerton as its largest city, its county seat is Port Orchard. The US Navy is the largest employer in the county, with three major bases, and it is home to several heavily used Washington State Ferries routes.
Bainbridge Island shorelines border the main body of Puget Sound, as well as Port Orchard Bay, a large protected embayment, and two high-current tidal passages, Rich Passage and Agate Pass. The island is characterized by an irregular coastline of approximately 53 miles (85 km), with numerous bays and inlets and a significant diversity of other coastal land forms, including spits, bluffs, dunes, lagoons, cuspate forelands, tombolos, tide flats, streams and tidal deltas, islands, and rocky outcrops.
As of 2020, Bainbridge Island had an unemployment rate of 5.8%. The US average is 6.0%. Bainbridge Island has also seen the job market increase by 1.0% over the last year. Future job growth over the next ten years is predicted to be 36.5%, which is higher than the US average of 33.5%.
Bringing a car to Bainbridge Island, either on the ferry from Seattle or by driving from the Kitsap Peninsula, will give you the most flexibility and freedom to explore the island and the surrounding area. Bainbridge Island is also a cyclists paradise with a plethora of trails and roadways to get from one place to the next with a friendly, share-the-road philosophy.
Hard Money Loan Example Bainbridge Island, WA
Bainbridge Island, WA | Hard Money Loan $672,872
Unique opportunity to own this Magical piece of waterfront. This 2 bedroom 1 ½ bath beach house lends itself to amazing water and sunset views, long walks along the beach, and some of the best fishing in Puget sound. Heavy timber structure and paneled ceiling with Grand stone fireplace emphasize the NW contemporary style. Water views from virtually every room make this home bright and airy. Bring your contractor/designer and get to work making this beach house one of a kind. Septic and Well all inspected and county conveyances in process! A weekend retreat or full time home awaits your vision!