Pasco Hard Money Loans
Intrust Funding is a Pasco private lender providing direct lender loans to investors in Franklin 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.
Part of the Tri-Cities region in Southeastern Washington, Pasco has a dynamic and diverse population of over 74,000. Its robust agricultural sector and its burgeoning technology and healthcare sectors provide a solid economic foundation for real estate investments. The city’s commitment to growth, as evidenced by its ongoing infrastructural development and community revitalization projects, further enhances its appeal. With its mix of suburban neighborhoods and commercial districts, Pasco offers diverse real estate investment opportunities.
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A Real Estate Investor’s Guide to Pasco
Pasco, WA
Pasco is a city in, and the county seat of, Franklin County, Washington, United States. It had a population of 59,781 at the 2010 census, and 75,432 as of the July 1, 2019 Census Bureau estimate.
Pasco is one of three cities (the others being Kennewick and Richland) that make up Washington state’s Tri-Cities region, a mid-sized metropolitan area of approximately 296,224 people.
In 1805, the Lewis and Clark Expedition camped at the confluence of the Columbia and Snake rivers in an area that 200 years later is called Sacagawea State Park in honor of their Native American guide. Little did they know the surrounding area would be called Pasco, today a bustling, thriving community of 78,700 people.
Franklin County
Franklin County is in south-central Washington State. The county originally formed on November 28th, 1883 when Franklin County separated from Whitman County. The new county was named after Benjamin Franklin. The Columbia River marks the western border The Snake River forms the southern and eastern borders. Franklin County is adjacent to Adams County to the north, Whitman County to the east, Walla Walla County to the southeast, Columbia County to the southeast, Benton County to the southwest and Grant County to the northwest. Franklin County is approximately 1,265 square miles is size.
Geography
According to the United States Census Bureau, Pasco has a total area of 34.08 square miles, of which 30.50 square miles is land and 3.58 square miles is water.
As Pasco is located in Southeastern Washington, the city lies in the rain shadow of the Cascade Range. As a result, the area is a windswept desert, receiving little precipitation throughout the year. Hot summers, warm springs, and cold winters provide a stark contrast to other areas of the state.
The Columbia River borders the south side of the city, separating it from the neighboring cities of Richland and Kennewick.
Employment
Pasco has an unemployment rate of 7.0%. The US average is 6.0%.
Pasco has seen the job market increase by 1.5% over the last year. Future job growth over the next ten years is predicted to be 36.8%, which is higher than the US average of 33.5%.
Transportation
Pasco Intermodal Train Station, a stop on Amtrak’s Empire Builder, with daily service with its southwest-bound section heading to Portland. Eastbound, it heads to Spokane, St. Paul, and Chicago with many intermediate points. (The train’s other section goes from Spokane to Seattle.) Tri-Cities Airport, with commercial service to Burbank, Denver, Las Vegas, Los Angeles, Minneapolis-St. Paul, Phoenix, Salt Lake City, San Francisco, Seattle-Tacoma.
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