Sammamish Hard Money Loans
Intrust Funding is a Sammamish private 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.
Nestled on a plateau, Sammamish is an affluent city with a population of over 65,000. Known for its high quality of life, excellent school system, and scenic beauty, Sammamish is a prime location for luxury residential real estate investment. The city’s strong local economy, anchored by sectors like technology, healthcare, and education, enhances its appeal for both residential and commercial investment. Sammamish’s ongoing growth, its strategic location near major employment hubs like Seattle and Bellevue, and its diverse range of neighborhoods offer numerous opportunities for real estate investment.
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A Real Estate Investor’s Guide to Sammamish
Sammamish is a city in King County, Washington, United States. The population was 67,455 at the 2020 census. Located on a plateau, the city is bordered by Lake Sammamish to the west and the Snoqualmie Valley to the east. Sammamish is located 20 miles east of Seattle and is mostly suburban, with many residents commuting to nearby businesses.
The city was incorporated in 1999 and is the third-richest community in Washington State (by mean household income), after Medina and Mercer Island. In 2019, it was also named the richest city in the U.S. among cities with a population greater than 65,000 people.
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.
According to the United States Census Bureau, the city has a total area of 18.47 square miles, of which 18.22 square miles are land and 0.25 square miles are water.
The city is situated on the shores and hilly terrain east of Lake Sammamish. It is bordered to the south by Issaquah, to the northwest by Redmond, and to the west across Lake Sammamish by Bellevue. Beaver Lake and Pine Lake are the two biggest lakes in Sammamish.
Sammamish has an unemployment rate of 4.1%. The US average is 6.0%.
Sammamish 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 84.3%, which is higher than the US average of 33.5%.
Sammamish is served by three major north–south roads: East Lake Sammamish Parkway, 228th Avenue, and 244th Avenue. They connect to State Route 202 to the north, providing access to Redmond, and Interstate 90 to the south in Issaquah. A regional freeway, Interstate 605, has been proposed several times since the 1960s to run through Sammamish, but has not been built.
Bus service is provided by King County Metro routes 216, 219, 269, and Sound Transit Express route 554 to Redmond, Issaquah, and Downtown Seattle. South Sammamish Park and Ride is the city’s transit center with 265 parking stalls. Metro began running dial-a-ride buses to the Sammamish Plateau in 1993, and it later extended commuter services in the early 2000s.
The King County government began construction of an 11-mile bike trail on the east side of Lake Sammamish in 1998, replacing a disused railway.
Hard Money Loan Scenarios Sammamish, WA
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