Redmond Hard Money Lenders
Intrust Funding is a Redmond commercial hard money lender providing flip loans 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.
Hard Money Loans for Real Estate Investors
Funding in 48 Hours
No Appraisals | No Draw Inspections
Rehab & Construction Loans
Redmond Hard Money Loans
For those looking to invest in real estate, the city of Redmond is teeming with opportunity. We fund real estate investors looking for a Redmond 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. Intrust Funding’s short term loans typically range from 5 to 12 months. With an easy, transparent, and quick application process, Intrust Funding can provide funds for investments within 48 hours of approval. That means buying properties quickly and repaying loans in no time. Real estate investing has never been easier.
Redmond, WA, Real Estate Marketing Data
View up-to-date data for Redmond’s real estate market.
Real Estate Investment Loans for Redmond, WA
As leading private lenders for real estate in Redmond, we are known for our simple rehab loan qualification process! If you have bad or no credit, that doesn’t matter to us. However we do need a credit report, or a copy of a credit report issued within the last 12 months, just to make sure there are no liens on any collateral you might use. We also need proof of funds for the down payment. To prequalify for a residential loan from us, 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 flip loans are typically used to purchase an investment, renovate a property, or to refinance a loan from another lender. All loan fees, which include a transaction and origination fee, are rolled into the total amount of the loan. The only payments due during the course of the loan is the interest payment at 1% per month. There are no early payoff fees, making our competitive rates equal to or better than other private money lenders in King County. At the end of the loan term, a balloon payment is due, which investors pay by renting, selling, or refinancing their investment property. In the city of Redmond, Intrust Funding provides rehab loans for real estate investors looking for a quick cash in hand deal.
Redmond 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 Redmond, Washington, trust Intrust Funding to give them the best deals in King County.
Rehab Loans for Redmond Real Estate
For Redmond real estate investors who need hard money to fund both the acquisition of a property and the renovation costs, Intrust Funding’s Redmond rehab loans roll up everything into one loan, for your convenience.
AirBnB Loans for Redmond, WA
AirBnb offers commercial real estate investors an easy, relatively stress free way to earn passive income from their real estate investment property in Redmond. Any real estate investor will tell you that an AirBnB rental property in Redmond offers a great return on investment as a short term rental during holidays, vacations, and getaways.
Fix and Flip Loans Redmond, 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 Redmond 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 Redmond, we fund cash-out refi loans every day. Whether you need a longer loan period, want to cross-collateralize investments, or more, our Redmond cash out refinance loans are for you.
BRRRR Method in Redmond, King County
With the BRRRR method, investors can use cash, or a short-term loan, to buy, rehab, rent, refinance, and then repeat this system for investing in residential properties. Throughout Redmond, commercial real estate investors who are searching for money lenders for residential and residential properties to use the BRRRR method with choose Intrust Funding.
Redmond is the seventh most populous city in King County and the sixteenth most populous city in the State of Washington, with a residential population of approximately 73,256 in 2020. It encompasses an area of over 17.14 square miles and is located less than 20 miles east of downtown Seattle at the north end of Lake Sammamish. The city prides itself for its high quality of life with good schools, a healthy economic base, a parks system that provides a variety of active and passive recreational opportunities, diverse offerings for shopping and dining, safe neighborhoods, and an emphasis on quality development and protection of the natural environment.
Redmond’s park system consists of 31 developed and 14 undeveloped parks on over 1,345 acres and 29 miles of developed trails. Facilities range from community, neighborhood, and resource parks to undeveloped open space, beautification areas, and gathering places. They include a waterfront park on Lake Sammamish (Idylwood), a wildlife preserve known as the Redmond Watershed, and a farm with equestrian facilities at Farrel-McWhirter Park. Recreation programs provide learning, socializing, and entertainment opportunities for preschoolers through senior adults and an active cultural arts scene. Facilities include a senior center, a teen center, a community center, and two log cabins at Anderson Park. In addition, King County operates numerous trail connections with Redmond’s system and points beyond.
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.
Redmond is bordered by Kirkland to the west, Bellevue to the southwest, and Sammamish to the southeast. Unincorporated King County lies to the north and east. The city’s urban downtown lies just north of Lake Sammamish; residential areas lie north and west of the lake. Overlake, the city’s second urban center, is to the west of Lake Sammamish. The Sammamish River runs north from the lake along the west edge of the city’s downtown.
Redmond is located at 47°40′10″N 122°07′26″W.
According to the United States Census Bureau, the city has a total area of 16.94 square miles, of which 16.28 square miles are land and 0.66 square miles are water.
Redmond has an unemployment rate of 4.1%. The US average is 6.0%.
Redmond 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 44.2%, which is higher than the US average of 33.5%.
The city is well known as a center of technology and the location for a number of nationally known Redmond Sign along Redmond Wayhigh-tech and biomedical companies. Among these are Microsoft, Nintendo, AT&T, and Physio-Control. Redmond Town Center, a large downtown retail center, offers numerous shops, restaurants, three movie theaters, special events, and live performances by a repertory theatre company and other arts-related groups.
Hard Money Loan Example Redmond, WA
On April 24th, the investment community received...
Recently, Will Heaton of Intrust Funding and Tarl Yarber of Fixated on Real Estate walked through a “Euro-cottage” that was renovated with a hard money loan from Intrust Funding. Check out how Will was able to marry the old with the new to create a unique combination of design elements for this home in Seattle.
From the video:
“One of the easy things with working with Intrust is you don’t have to have an on-site draw inspection. Borrowers are able to submit just 10 or 15 photos, and a description of the work they did, 24 to 36 hours later, we can wire you the funds, drop a check in the mail, come by the office pick up a check, do direct deposit.”
A look at the market from 2016. Since hard money lenders source their funds from private investors, a change in the federal interest rate does not have a direct effect on hard money borrowers.
Intrust Funding Ranks No. 40 on Puget Sound Business Journal’s Washington’s Fastest-Growing Private Companies List
Back in 2015, Intrust Funding was named the 40th fastest-growing private company in Washington by the Puget Sound Business Journal.
When asked to describe Intrust Funding, Managing Principal Will Heaton explained, “We’re not just lenders, we’re also investors. This allows us to have a comprehensive understanding of our clients and their needs.”
In 2015, Intrust Funding appeared on Inc. 5000’s list for the first time. Inc. named Intrust Funding as one of the fastest-growing private companies in North America on August 12, 2015.
The award recognizes and honors entrepreneurs by ranking companies that demonstrate significant revenue increase for the past three years.
“The story of this year’s Inc. 5000 is the story of great leadership. In an incredibly competitive business landscape, it takes something extraordinary to take your company to the top,” said Inc. President and Editor-In-Chief Eric Schurenberg. “You have to remember that the average company on the Inc. 5000 grew nearly six-fold since 2012. Business owners don’t achieve that kind of success by accident.”
Puget Sound Business Journal Names Intrust Funding as One of the Top 50 Fastest-Growing Private Companies on the Eastside
Beginning it’s award winning history, Intrust Funding ranked on Puget Sound Business Journal’s Eastside’s Fastest-Growing Private Companies list on July 16, 2015.
The annual award ranks companies based on their percentage of revenue growth from 2012 to 2014. To be eligible for this award, the companies must be headquartered in Washington’s Eastside cities, and have started the 2014 fiscal year as a privately held corporation, proprietorship or partnership.
Back in 2015 our team had the opportunity to volunteer for Attain Housing. We had a great time, and we encourage you to volunteer for them too!