For fix and flip investors, the city of East Wenatchee is becoming a prime location for hot market deals. We fund real estate investors looking for an East Wenatchee project to fix & flip or buy and hold. Many of our borrowers, who are also members of Bigger Pockets, follow the BRRRR method for producing long term wealth and passive income. 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 a quick and simple application process, we can fund projects within 48 hours of approval. Acquire real estate fast and pay off your loan quickly. Real Estate investing has never been easier!
As East Wenatchee’s leading private lenders for real estate, our commercial 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 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. Many investors use our rehab loans to acquire a property, renovate an investment, or as a cash-out refi 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 Douglas County. At the end of the loan term, a balloon payment is due, which investors pay by renting, selling, or refinancing their investment property. At Intrust Funding, we provide cash on hand, hard money loans, with no money out of pocket, to investors in the city of East Wenatchee.