Ellensburg Hard Money Loans
Intrust Funding is an Ellensburg bridge loan lender providing flip loans to investors in Kittitas 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 Kittitas County, Ellensburg is known for its picturesque setting and vibrant community life. With a population of around 20,000, the city is home to Central Washington University, which significantly contributes to the local economy and housing market. Its rich cultural history, reflected in its preserved Victorian architecture, and its vibrant arts scene make it a charming and unique place to live. Coupled with its strong agricultural economy, Ellensburg provides a stable environment for real estate investment, particularly for investors looking to tap into the student and faculty housing market.
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A Real Estate Investor’s Guide to Ellensburg
Ellensburg, WA
Ellensburg is a city in and the county seat of Kittitas County, Washington, United States. It is located just east of the Cascade Range near the junction of Interstate 90 and Interstate 82. The population was an estimated 21,111 as of 2019. The city is located along the Yakima River in the Kittitas Valley, an agricultural region that extends east towards the Columbia River. The valley is a major producer of timothy hay, which is processed and shipped internationally. Ellensburg is also the home of Central Washington University (CWU). Ellensburg, originally named Ellensburgh for the wife of town founder John Alden Shoudy, was founded in 1871 and grew rapidly in the 1880s following the arrival of the Northern Pacific Railway. The city was once a leading candidate to become the state capital of Washington, but its campaign was scuppered by a major fire in 1889.
Kittitas County
Kittitas County is a county located in the U.S. state of Washington. The population was 47,364 in a 2018 census estimate. Its county seat and largest city is Ellensburg. The county was created in November 1883 when it was carved out of Yakima County.
Geography
Snuggled in the beautiful Kittitas Valley and protected by the magnificent Cascade Range, Ellensburg, WA is a charming town with a beautiful downtown full of historic, elegant 19th century buildings. Central Washington University gives the city a lively atmosphere with student events and cafes. On the first Friday of every month, the downtown turns into the Ellensburg First Friday Art Walk
Employment
In 2019, Ellensburg, WA had a population of 20.2k people with a median age of 23.5 and a median household income of $39,645. Between 2018 and 2019 the population of Ellensburg, WA grew from 19,799 to 20,167, a 1.86% increase and its median household income declined from $40,126 to $39,645, a −1.2% decrease.
Transportation
Using averages, employees in Ellensburg, WA have a shorter commute time (15.4 minutes) than the normal US worker (25.5 minutes). Additionally, 1.68% of the workforce in Ellensburg, WA have “super commutes” in excess of 90 minutes.
Hard Money Loan Scenarios Ellensburg, WA
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