Bellevue Hard Money Loans
Intrust Funding is a Bellevue real estate hard money lender providing short term loans to investors in King 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.
With a population of approximately 148,164, Bellevue, located in King County, is a hub of economic activity. The city is home to numerous thriving businesses including T-Mobile’s U.S. headquarters and significant operations for Microsoft. This vibrant corporate presence has led to a strong job market and robust economy, positioning Bellevue as a lucrative area for real estate investment. The city is recognized for its high-quality lifestyle, excellent school system, and vibrant parks like the Bellevue Botanical Garden. High-rise condos with panoramic views of the skyline, waterfront properties along Lake Washington, and luxury homes in tranquil neighborhoods are all part of Bellevue’s real estate portfolio, attracting investors from across the region.
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A Real Estate Investor’s Guide to Bellevue
Bellevue, WA
The city of Bellevue is located east of Seattle, sitting between Lake Washington to the west, and Lake Sammamish to the east. Founded in 1869, Bellevue has grown to house some of the most contemporary tech companies of the day, including Microsoft, Expedia, and T-Mobile. Because of its association with large tech businesses, the city has been able to sustain economic downturn with little hardship. In fact, Bellevue is in the top 10 wealthiest communities of Washington state, according to the US Census Bureau. Bellevue gets its name from a French term meaning “beautiful view”. And it has a beautiful view. With the Olympic Mountains to the northwest, and the Cascade Mountains to the southeast, one is sure to get a glimpse of these beautiful mountain ranges while visiting Bellevue; whether it’s from behind the window of one of its most recent high rises, or from the grass lawn of Bellevue’s downtown park. Spanning a total of 36 square miles, Bellevue’s expansive city limits and ambitious inhabitants make it a great place to find even more ambitious real estate investment deals.
King County
With over 2 million people, King County is the largest county in Washington state and the 12th largest in the United States. Home to Seattle, Bellevue, and Tacoma, it was originally named after Alabama resident and Vice President William R. King, but in 1986 changed its namesake to Martin Luther King Jr. King County is nearly twice the land area of the state of Rhode Island, and is home to the Cascade Range, Issaquah Alps, Mount Si, 17 rivers, 9 major highways, 4 islands, the Snoqualmie National Forest, and the Klondike Gold Rush National Historical Park.
Geography
Bellevue lies between Lake Washington to the west and the smaller Lake Sammamish to the east. Much of Bellevue is drained by the Kelsey Creek watershed, whose source is located in the Larsen Lake and Phantom Lake green belt and whose outlet is near where Interstate 90 meets Lake Washington’s eastern shore.
Employment
As of March 2022, the Seattle-Tacoma-Bellevue, WA Unemployment Rate is at 3.20%, compared to 3.60% the previous month and 5.60% last year. This is lower than the long term average of 5.37%
Transportation
Bellevue is the main Eastside hub for both the local transit authority, King County Metro, and Sound Transit, the regional transit system. The Bellevue Transit Center, which serves both Metro and Sound buses, is located in the heart of the downtown business district and is connected to Interstate 405 by NE 6th St. and a direct-access Texas T HOV ramp.
Hard Money Loan Scenarios Bellevue, WA
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