Burien Hard Money Lenders
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
Funding in 48 Hours
No Appraisals | No Draw Inspections
Rehab & Construction Loans
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.
Burien, WA, Real Estate Marketing Data
View up-to-date data for Burien’s real estate market.
Real Estate Investment Loans for Burien, WA
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.
Burien 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 Burien, Washington, trust Intrust Funding to give them the best deals in King County.
Rehab Loans for Burien Real Estate
For Burien real estate investors who need hard money to fund both the acquisition of a property and the renovation costs, Intrust Funding’s Burien rehab loans roll up everything into one loan, for your convenience.
AirBnB Loans for Burien, WA
AirBnB provides the opportunity for real estate investors to list and rent out their real estate investment property for rental income. Many real estate investors purchase AirBnB commercial properties in Burien to rent out during popular travel seasons.
Fix and Flip Loans Burien, 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 Burien 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 Burien, we fund cash-out refi loans every day. Whether you need a longer loan period, want to cross-collateralize investments, or more, our Burien cash out refinance loans are for you.
BRRRR Method in Burien, King 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. Intrust Funding is one of the most popular money lenders for residential in Burien for commercial real estate investors looking to capitalize on the BRRRR method.
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.
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 city’s western border consists of 5.5 miles (8.9 km) of shoreline along Puget Sound. Lake Burien, a state-owned water body, is located within the city. It has been the subject of contentious debate due to it being surrounded by private property with no public access.
“Olde Burien” is a name for the area surrounding SW 152nd Street on the west side of Ambaum Boulevard. There are unique shops and restaurants here that reflect the eclectic mix of interests and residents of the town.
Burien has an unemployment rate of 7.1%. The US average is 6.0%. Burien has seen the job market increase by 2.6% over the last year. Future job growth over the next ten years is predicted to be 38.4%, which is higher than the US average of 33.5%.
For years, Burien’s businesses advertised Burien as the “Center of the Known World.” Both residents and businesses agree that Burien’s hub location offers great connections to not only the region but the world. The central location means that jobs and entertainment are convenient, travel times are less, and a more relaxed pace prevails in the residential neighborhoods. Burien enjoys direct 15-minute access to Seattle by State Route 509 (Burien’s ‘private freeway’), which serves as the major entrance to Seattle’s commercial, industrial, and rail district. Burien’s central location means I-5, I-405, Sea-Tac International Airport and Sound Transit Light Rail stations are all within 5 minutes from Burien’s downtown.
Hard Money Loan Example Burien, WA
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