As the city of Olympia continues to grow, real estate investment opportunities are more abundant than ever. We fund real estate investors looking for an Olympia 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 leading private lenders for real estate in Olympia, we are known for our simple residential loan qualification process! Prequalifying for a short term 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. Many investors use our flip loans to acquire a property, renovate an investment, or as a cash-out refi 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 Thurston County. Similarly, our flat 1% interest rate per month attracts investors all over Washington state. In the city of Olympia, Intrust Funding provides rehab loans for real estate investors looking for a quick cash in hand deal.