Edmonds Hard Money Lenders
Intrust Funding is an Edmonds residential hard money lender providing bridge loans to investors in Snohomish 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
Edmonds Hard Money Loans
Although in the past Edmonds may not have been known for its real estate market, today, among investors, it is. Private investors looking for Edmonds commercial real estate choose us for buy & hold and fix and flip projects in Snohomish County. For long term wealth and passive income, many of our borrowers choose one of our loan options to follow the BRRRR method, popularized by Bigger Pockets. Intrust Funding provides short term loans with loan terms that range from 5 to 12 months. Our application process is simple and transparent. And we can disperse funding for investment projects within 48 hours of approval. Quick loan payoff combines with quick investment profit. We make real estate investing easy.
Edmonds, WA, Real Estate Marketing Data
View up-to-date data for Edmonds’s real estate market.
Real Estate Investment Loans for Edmonds, WA
As leading bridge loan lenders in Edmonds, we are known for our simple residential loan qualification process! Prequalifying for a bridge loan from us is simple. Although there is no minimum credit score you need to have, we must have a credit report or a copy of a report issued in the last 12 months on file. This is just so we can make sure there aren’t any liens on collateral you might use for the loan. The second thing we need is a proof of funds for down payment, or proof of adequate collateral. Once we have those two things, 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 fees, like origination fees, are rolled into the loan, while a ballon payment is due at the end when the investment property is sold, rented out, or refinanced, allowing our competitive rates to match or beat other hard money lenders in Snohomish County. Similarly, our flat 1% interest rate per month attracts investors all over Washington state. Intrust Funding is a hard money lender in the city of Edmonds, offering funding to real estate investors in as little as 48 hours.
Edmonds 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 Edmonds, Washington, trust Intrust Funding to give them the best deals in Snohomish County.
Rehab Loans for Edmonds Real Estate
For Edmonds real estate investors who need hard money to fund both the acquisition of a property and the renovation costs, Intrust Funding’s Edmonds rehab loans roll up everything into one loan, for your convenience.
AirBnB Loans for Edmonds, WA
AirBnB is an online marketplace that connects commercial real estate investors with people who are actively looking for accommodations in Edmonds. Many commercial real estate investors are using AirBnB commercial properties in Edmonds to generate passive income and grow their portfolios.
Fix and Flip Loans Edmonds, 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 Edmonds 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 Edmonds, we fund cash-out refi loans every day. Whether you need a longer loan period, want to cross-collateralize investments, or more, our Edmonds cash out refinance loans are for you.
BRRRR Method in Edmonds, Snohomish County
The BRRRR Method is a real estate investing strategy where an investor will Buy, Rehab, Rent, Refinance, and then Repeat this cycle to generate value quickly in their commercial real estate properties portfolio. Intrust Funding is one of the most popular commercial lenders in Edmonds for commercial real estate investors looking to capitalize on the BRRRR method.
Founded in 1876 by George Brackett, Edmonds began as a logging town. Today, it is the third most populous city in Snohomish County. Located north of Seattle, bordering Richmond Beach, Mountlake Terrace, and Lynnwood, Edmonds is a key access point to the western coast of the Puget Sound via the Edmonds-Kingston Ferry. Over the years, the downtown area has transformed from a mill town to a hub for small shopping centers, boutique businesses, and fine dining, all of which are centrally located around a landmark fountain on 5th avenue. Known for its peaceful community and sweeping views of the Olympic Mountains, Edmonds has become a popular destination for those looking to raise a family. Spotted with old homes dating back to the founding years of the town, Edmonds is full of opportunities for investors looking to use a fix and flip loan to quickly appreciate the value of a property.
Home to Everett, its largest city and the county seat, Snohomish County is the third most populous county in Washington state, and the 76th in the United States. As the western portion faces the Puget Sound and other bodies of water, and consequently contains most of its population, the eastern portion is part of the Cascade Mountains and the Mount Baker-Snoqualmie National Forest, with very few settlements.
Edmonds has 5 miles of shoreline, which is crossed by several small streams. The Puget Sound makes up 86 percent of the city’s drainage basin, with other streams flowing into Lake Ballinger to the southeast. The city’s main commercial districts are Downtown Edmonds, situated in a valley known as the “bowl”, and the State Route 99 corridor at its east end. The downtown has stunning views of the Puget Sound and the Olympic Mountains.
In 2019, Edmonds, WA had a population of 42k people with a median age of 45.9 and a median household income of $89,229. Between 2018 and 2019 the population of Edmonds, WA grew from 41,770 to 42,040, a 0.646% increase and its median household income grew from $87,693 to $89,229, a 1.75% increase.
Edmonds is served by several modes of transportation that converge in the downtown area, including roads, railroads, ferries, and buses. The city’s ferry terminal is located at the west end of Main Street at Brackett’s Landing Park and is served by a ferry route to Kingston on the Kitsap Peninsula. From 1979 to 1980, Washington State Ferries also ran ferries to Port Townsend during repairs to the Hood Canal Bridge.
Hard Money Loan Example Edmonds, WA
Impressive Picnic Point remodeled home nestled in lush NW surroundings! Open living at its finest w/vaulted ceilings, frplc w/stacked stone from floor-to-ceiling. Brand new kitchen w/gorgeous modern updates flowing into the dining rm w/ French doors opening to the expansive back deck–an entertainer’s dream. Master on main w/en suite ¾ BA feat new finishes from head to toe. 2 add’l beds, full BA up. LL is truly a gem. Huge bonus space w/built-in banquet & storage, exposed beams, wet bar & private wing – potential MIL. ¾ BA, 4th bed tucked away w/ room for an office nook/flex space. New windows, hardwoods, doors, trim, newer roof & more! Mukilteo schools, commuter routes & all modern amenities at your fingertips. Your own retreat in the city!
Gorgeous remodeled tri level in sought after Seaview community. Impressive vaulted ceilings w/ skylights and bank of windows filtering in natural light. Stunning hardwood floors, dual gas fireplace anchoring the spacious great room. Kitchen fully updated w/ new shaker cabinets, quartz counters and tiled backsplash. Formal & informal dining spaces off kitchen w/ easy access to private enclosed patio w/ wet bar. Master w/ updated ensuite 3/4 BA, 2 add’l beds and full BA up. LL w/ separate entrance offers bonus room, office and 3/4 BA – rental potential, MIL or extra space to unwind?! New fixtures and finishes throughout. Expansive patio, ample parking and storage for your toys. Parks, shops, beach, dining and award winning schools mins away.