Intrust Funding is a Burien commercial lender providing bridge 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.
Hard Money Loans for Real Estate Investors
Burien Hard Money Loans
For real estate investors, Burien has become a prime market for deals. Bigger Pockets has made the BRRRR method a popular approach for real estate investors to generate passive income and accrue long term wealth. With our private money loans, investors have tremendous success at fix and flips and buy and holds in Burien. Short loan terms allow borrowers the freedom to acquire properties quickly and repay their loans fast, as a typical loan from Intrust Funding ranges 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.
As Burien’s leading private loan lenders, our short term loans are accessible to new and seasoned investors alike! 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 bridge loan from us, that’s about all we need. But there are disqualifiers for our real estate investment loans. For us to provide funds for the investment, the loan cannot be used to acquire a property at in-person county auctions (although we do provide funds for online auctions), the property must have a free and clear title without any liens, and it must have a septic system in place. We also do not provides funds for land-only deals, unless the land is worth as much as the loan itself. Our bridge loans are typically used to purchase an investment, renovate a property, or to refinance a loan from another lender. All loan fees, which include a transaction and origination fee, are rolled into the total amount of the loan. The only payments due during the course of the loan is the interest payment at 1% per month. There are no early payoff fees, making our competitive rates equal to or better than other private money lenders in King County. At the end of the loan term, a balloon payment is due, which investors pay by renting, selling, or refinancing their investment property. Intrust Funding is a fix and flip lender offering quick closing loans to investors in the city of Burien who have little or bad credit history.
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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.
The last decade has brought a season of growth for those living in Burien. Located in western King County, the Burien area expanded to include southern North Highland when the city council voted on an annex in 2010. With its expansion, Burien city now borders Seattle, Tukwila, Seatac, Normandy Park, and the Puget Sound. New developments to the town square were completed in 2017, attracting visitors and residents with additional retail shops and living units. With 33 schools in Burien, the city offers a plethora of options for incoming families. Whether you’re a family looking to settle down in the area, or an investor looking for a quick fix and flip real estate opportunity, Burien is a good place to be on the lookout.