Kent Hard Money Loans
Intrust Funding is a Kent private loan lender providing loans for residential real estate 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.
Kent, situated in King County, is the third-largest city in the county with a population of over 132,000. Known as a corporate hub, the city is home to companies like Amazon and Boeing. This vibrant economic landscape, combined with its diverse population and wide range of cultural and recreational amenities, makes Kent a prime location for real estate investment. From commercial properties in bustling industrial areas to residential properties in serene neighborhoods, Kent offers a wealth of investment opportunities.
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A Real Estate Investor’s Guide to Kent
Kent, WA
Located in King County, Kent has an estimated population of 129,618 residents. Near the south eastern edge of the Puget Sound, and neighbor to Des Moines, Auburn, Renton, Covington, Maple Valley, and SeaTac, Kent is the 6th largest city in Washington. Families living in Kent have a variety of choices when it comes to public schools, as the Kent school district hosts 4 high schools, seven middle schools, and twenty-eight elementary schools. Housing major employers such as Boeing, REI, Mikron Industries, and Alaska Airlines, Kent is full of employment opportunities, making it a prime location for real estate investors who are looking to use a hard money loan on a fix and flip property.
King County
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.
Geography
Kent is located in southern King County and is part of Seattle’s metropolitan area. The city is generally divided into three geographic sections: West Hill, the Green River Valley, and East Hill. Downtown Kent is located on the east side of the valley, about 16 miles from downtown Seattle and downtown Bellevue. Adjoining cities are Renton to the north, Covington to the east, Auburn to the south, Federal Way to the southwest, Des Moines to the west, SeaTac to the northwest, and Tukwila to the north.
Employment
Kent has an unemployment rate of 7.3%. The US average is 6.0%. Kent 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 37.1%, which is higher than the US average of 33.5%.
Transportation
There are several major freeways and highways in or near Kent, including Interstate 5, State Route 167, and State Route 516. Kent is also served by King County Metro transit, with the Kent Station providing service to many destinations, including downtown Seattle by multiple commuter buses, the Sounder commuter rail system, and local buses. Heavy rail service includes two major north–south lines through the Kent Valley, with freight traffic operations by the BNSF and Union Pacific railroads. The Link light rail system is scheduled to be extended to Federal Way in 2024, with intermediate stops at Kent/Des Moines station near Highline College and South 272nd Street station near Star Lake.
Hard Money Loan Scenarios Kent, WA
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