Renton Hard Money Lenders
Intrust Funding is a Renton private lender for real estate providing rehab 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
Renton Hard Money Loans
People in Renton are looking to real estate more and more to achieve financial freedom. Bigger Pockets has made the BRRRR method a popular approach for real estate investors to generate passive income and accrue long term wealth. With our private money loans, investors have tremendous success at fix and flips and buy and holds in Renton. Intrust Funding provides short term loans that range from 5 to 12 months. With funding in 48 hours, our borrowers appreciate that our application process is quick and simple. We make real estate investing easy.
Renton, WA, Real Estate Marketing Data
View up-to-date data for Renton’s real estate market.
Real Estate Investment Loans for Renton, WA
As leading commercial lenders in Renton, we are known for our simple residential loan qualification process! Prequalifying for a bridge 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. Our rehab loans are typically used to purchase an investment, renovate a property, or to refinance a loan from another lender. All loan fees are rolled into our loans, meaning investors only pay a 1% interest rate each month until their loan is payed off. A balloon payment is due at the end of the loan term, which is typically paid off through the sale or refinance of the investment property. Our competitive rates are appreciated by commercial real estate investors in King County. Intrust Funding is a leading hard money lender in the city of Renton, with the ability to provide real estate investors with funding in as a little as 48 hours.
Renton 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 Renton, Washington, trust Intrust Funding to give them the best deals in King County.
Rehab Loans for Renton Real Estate
For Renton real estate investors who need hard money to fund both the acquisition of a property and the renovation costs, Intrust Funding’s Renton rehab loans roll up everything into one loan, for your convenience.
AirBnB Loans for Renton, WA
AirBnB provides the opportunity for commercial real estate investors to list and rent out their commercial property for rental income. Many real estate investors purchase AirBnB real estate investment properties in Renton to rent out during popular travel seasons.
Fix and Flip Loans Renton, 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 Renton 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 Renton, we fund cash-out refi loans every day. Whether you need a longer loan period, want to cross-collateralize investments, or more, our Renton cash out refinance loans are for you.
BRRRR Method in Renton, King County
The BRRRR method involves five steps: buying, rehabbing, renting, refinancing, and then repeating this process for investing in real estate investment properties. Throughout Renton, real estate investors who are searching for money lenders and real estate investment properties to use the BRRRR method with choose Intrust Funding.
Renton is a city in King County, Washington, and an inner-ring suburb of Seattle. Situated 11 miles southeast of downtown Seattle, Renton straddles the southeast shore of Lake Washington, at the mouth of the Cedar River. As of the 2020 census, the population of Renton was 106,785, up from 90,927 at the 2010 census. The city is currently the sixth-largest municipality in greater Seattle and the nineth-largest in Washington state.
After a long history as an important salmon fishing area for Native Americans, Renton was first settled by people of European descent in the 1860s. Its early economy was based on coal mining, clay production, and timber export. Today, Renton is best known as the final assembly point for the Boeing 737 family of commercial airplanes, but it is also home to a growing number of well known manufacturing, technology, and healthcare organizations, including Boeing Commercial Airplanes Division, Paccar, Kaiser Permanente, IKEA, Providence Health & Services, UW Medicine, and Wizards of the Coast.
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.
Renton is bordered to the north by Newcastle. Along the east side of Renton is the Urban Growth Boundary established by King County, as such there is no incorporated city directly east of Renton. The geographical characteristics of Renton’s eastern border are varied and include (from north to south) the south flank of Cougar Mountain descending southward merging with the community of May Valley. The terrain then elevates south of May Valley to the communities of the East Renton Plateau before descending to the north bank of the Cedar River. Renton is bordered to the south by the city of Kent. The western border consists of the city of Tukwila, and finally the unincorporated King County community West Hill and Lake Washington to the northwest.
Renton has an unemployment rate of 6.5%. The US average is 6.0%.
Renton 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 38.3%, which is higher than the US average of 33.5%.
Renton is served by King County Metro and Sound Transit Express buses. Clayton Scott Field (KRNT), located just north of downtown Renton, houses several facilities that offer charter services and flight training.
Hard Money Loan Example Renton, WA
A private lane leads to this fully remodeled 3BR/1.5BA rambler (no stairs!) with bay windows, new roof, luxury plank floors & a Designer’s efficient kitchen~brand new stainless appl’s, gorgeous white doors & hardware.There’s even a new 1/2 & full bath, new Gas F/A furnace & water heater! No more septic system, enjoy a brand new sewer line from house to street~May 2021. Clean crawl space, interior/exterior paint & slider door to the fenced backyard where you’ll find new sod, & large deck perfect for entertaining. Located in the popular Kennydale community! This home is ideally located close to the bus line, parks & freeways. There’s plenty of off-street parking in your private courtyard w/ mature Japanese Maple. A must see at this price!
Fully renovated end unit, all rooms have been upgraded. Shaker cabinets, quartz countertops, new luxury vinyl plank flooring, fireplace feature wall with custom mantle, shiplap & artisan tile, new appliances, new water heater, new windows, new paint and more! Spectacular views, light, bright and airy, functional layout, great for entertaining or sitting and enjoying a nice fire. Walk straight from your car to your door, no stairs, plus 2 parking spaces as well as RV/boat parking area if needed.