Burien Hard Money Loans
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.
Located in King County, Burien is a vibrant city home to around 51,500 residents. This suburban city features a mix of commercial, residential, and public spaces, offering potential investors a diverse range of opportunities. Its proximity to Seattle-Tacoma International Airport and downtown Seattle enhances its appeal to potential renters and buyers, particularly those working in these busy hubs. Additionally, Burien’s commitment to cultivating a strong sense of community, reflected in its numerous annual events and festivals, lends it an appealing small-town charm that enhances its residential appeal.
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A Real Estate Investor’s Guide to Burien
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 Scenarios Burien, WA
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